Political fallout may delay Panama Ports Co sale to BlackRock-TiL
Tomorrow’s deadline for CK Hutchison to sell its 90% stake in Panama Ports Company (PPC) ...
In a move that could ultimately see an increase in transhipment cargo to UK ports, Hutchison Port Holdings (HPH) and MSC subsidiary Terminal Investment (TIL) have jointly agreed to develop a container terminal with five deepsea berths at Rotterdam.
It will add some 7m teu of annual capacity when it begins operations in 2027, with 2.6km of quay at the north end of Hutchison’s ECT Delta terminal.
Like ECT, which opened in 1993 and became the first fully automated terminal in the ...
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