MSC will acquire the remaining stake in Total Terminals it doesn’t already own from Hanjin Shipping, and may sell-on part of the stake to Hyundai Merchant Marine. The company owns assets in Long Beach and Seattle, both of which have struggled recently. Long Beach saw volumes fall 14% in November, while Seattle’s import shipments dropped 5%. It isn’t clear yet whether MSC will divert extra volumes to Total’s ports. MSC and Hyundai MM accounted for 7% of U.S. west coast-bound shipments year-to-date.