Comment / New kid on the dock: BlackRock joins MSC's gang

dreamstime_xs_163346818

Photo 163346818 | British © Gary Hider | Dreamstime.com

By Gavin van Marle

16/01/2024

Global investment fund leader BlackRock is now effectively backing the world’s largest shipping line – a mostly overlooked facet of its deal to take over Global Infrastructure Partners (GIP) in a whopping $12.5bn transaction announced last Friday.

Imagine that – MSC is on the verge of being given a golden card to the world’s largest cashpoint [ATM].

Most directly

BlackRock will own a minority stake in MSC’s port arm Terminal Investment Ltd (TIL), and this could be a big deal because via MSC’s partnership ...

Comment on this article

You must be logged in to post a comment.

Topics

BlackRock Brisbane Global Infrastructure Partners Great Yarmouth MSC Peel Ports Port of Liverpool Port of Melbourne Takeover Talk Terminal Investment Limited CH Robinson DB Schenker DSV Expeditors Logistics on a steroid comedown M&A radar Viking Ironclad Age Watch the downside 1.0

Most read news

Etail by air – here to stay or on a short shelf life?

HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance

The rise and rise of China's ecommerce platforms

Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali

Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban

DSV chief reticent on Schenker: the focus on growing market share

Another strong month for US ports as container flows continue to rise

MSC redeploys 'Israel-linked' box ships away from Persian Gulf

Liners add capacity to Asia-ECSA as ocean rates hit 18-month high

Boxes piling into Mexican ports – but then piling up

K+N looks past Q1 revenue drop to improved margins from restructure

US intermodal picking up steam as trucking woes continue

Schenker, what Schenker? DSV boss talks up options – yes, Sir!

No summer siesta for airfreight

Plateauing Kuehne + Nagel still rules but isn't liked very much

Air Canada Cargo adds freighter service to Chicago