MSC's Hutchison ports buy – it's a cracker
…but what’s in it for China?
MSC has announced plans to build an inland container port in northern Portugal to connect with its deepsea hub at Sines.
The terminals will cover 200,000sq metres and offer storage capacity of 10,000 teu and will be located at Lousado, in a region which the carrier said accounted for “about 39% of the national exports and 29% of the national economy”.
The area’s main industries include textiles clothing, footwear and metallurgy, as well as medium- and hi-tech sectors such as automotive components, pharmaceuticals, ...
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