Subscribe to Premium
Subscribe to Premium
Advanced Search
+

Comment / M&A radar: Port mergers whet the appetite for further deals

AHAPPY
By

China’s bubbling M&A activity in the port market took another step recently when Cosco Shipping Ports bought a 34.99% equity stake in Tianjin Container Terminal (TCT) – this is simply the latest move in the ongoing merger of terminal capacity in the north-east Chinese port.

It is the latest result in a plan that was hatched around a year ago in which the three owners – Cosco, Tianjin Port Holdings and China Merchants – of container terminal interests in Tianjin, the gateway ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Antwerp China Merchants Cosco Shipping Ports Eurogate HHLA London Gateway M&A radar Port of Tilbury Port of Zeebrugge Port positions Tianjin port DB Schenker IPO private equity Takeover Talk Vertical consolidation

    Most Read

    Carriers now 'begging for business' as volumes and rates tumble

    Now Maersk suspends Asia-USEC loop: 'when demand recovers, it will return'

    Spot rates still tumbling, but carriers 'can still make good money', says NVOCC

    Forwarders are 'essential' to our business, claims CMA CGM Air Cargo

    Dramatic cuts to services as lines battle to hang onto 'super-cycle' profits

    'Where's Willie?' is the cry as WCS ends and IATA looks increasingly irrelevant

    SM Line CEO Park Kee-hoon quits as freight rate decline continues

    Against the odds: DSV, Mærsk, DP-DHL & Kuehne – Swinging

    DB Schenker CEO: 'Changes forced on supply chains by the pandemic are here to stay'

    Softening air cargo charter market may see carriers 'flexing down' networks

    Fewer orders 'bodes poorly' for China's exports as Golden Week looms

    Charterers take back market control as containership hire rates collapse

    M&A radar: DSV + FedEx – how does 'DSV Express' sound?

    Taiwan and South Korea ports link up for expansion of Indonesian box facilities

    Port of Liverpool community braces for second dockworker strike

    DHL's Alice cargo plane takes to the skies in an electric wonderland....