News / Cosco to take controlling stake in Noatum – is a shipping line next?

Noatum's flagship Valencia facility

13/06/2017

Cosco Shipping Ports (CSP) today announced it is to buy a 51% stake in Noatum Port Holdings (NPH) – and there are rumours of further major acquisitions, possibly a shipping line.

The NPH deal, worth €203m, will give CSP access to the container terminals at the ports of Valencia ...

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Joe Rabbit
June 13, 2017 at 4:01 pm
Let’s wait MSC’s next movement. I believe that this move is much more important for Valencia than that COSCO acquisition.

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