Buy or sell terminals? Carriers face a dilemma

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By Alex Lennane

30/09/2013

Drewry has used the news that loss-making China Shipping Terminal Development is to sell its stake in Lianyungang New Oriental Container Terminal (LNOCT) to analyse the wider issues surrounding terminal ownership by carriers. While an asset sale can fill a financial hole caused by losses, terminal ownership can also be a vital source of profits for carriers. An interesting problem.

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