'Tariff madness' will prompt renegotiation of ocean shipping contracts
Today’s “absolutely nuts” container shipping market will spur contract renegotiations, as rates and minimum quantity ...
Italian terminal operator Contship Italia and MSC’s terminal operating arm, TIL [Terminal Investment Ltd], have come to an agreement for the sale of 50% of Medcenter Container Terminal in Gioia Tauro.
The two companies said the terms remained undisclosed and the sale “subject to regulatory approvals”.
A joint statement added: “At closing, TIL will own 100% of CSM Italia Gate and will indirectly control all the shares of MCT.
“Contship Italia expresses its gratitude to all MCT employees, customers, suppliers and partners, including ...
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