MSC to hold 15% global container terminal market share after Hutch buy
MSC is set to operate a global terminal empire of just under 200m teu, if ...
The closing the of the deal originally announced in August, under which Cathay is set to take full control of its all-cargo subsidiary Air Hong Kong, which hitherto was 40% owned by DHL. Under the terms of the deal hammered out between the two companies, DHL will buy eight A300-600F converted freighters for US$282m and then lease them back to Cathay. The deal allows Cathay to funnel the initial proceeds back into Air Hong Kong to be used a working ...
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