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) ...
Ocean service network changes, ostensibly prompted by the upcoming Gemini Cooperation between Maersk and Hapag-Lloyd, have begun to unsettle terminal arrangements in India.
In a first sign of this, from mid-month Hapag-Lloyd’s premier India-North Europe service, known as IOS, will switch its weekly calls from DP World Nhava Sheva (NSIGT) to APM Terminals’ Mumbai or Gateway Terminals India (GTI).
The terminal reshuffle follows the German carrier implementing an updated port rotation for IOS, featuring Jebel Ali, Karachi, Nhava Sheva, Mundra, Tanger, Rotterdam, ...
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