Terminal transition time

shutterstock_2291239087

Li Ka-shing’s CK Hutchison is exiting the global port business with a $22.8 billion deal, selling 80% of its ports outside China to Blackrock/TIL. This landmark deal includes the Panama Ports Company and 43 global terminals. If completed, it could reshape terminal competition, especially with MSC’s influence. It may also address concerns over Chinese control of the Panama Canal, potentially easing tensions with the U.S. This move marks a shift in global port operations and may affect shipping line alliances.

Continue reading this article… 

V2-PS

Receive full access today!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the ports and terminals sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the ports and terminals industry
  • Our extensive archive of data, research and intelligence

Already subscribed? SIGN IN now

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!