Yilport seeks partner

default_image

© Khunaspix Dreamstime.

By Gavin van Marle

02/07/2014

Turkish shipping magnate Robert Yildirim is one of the most interesting men in box shipping circles, especially after his investment in CMA CGM effectively saved the French line from staring down the barrel of the bankruptcy gun. Now comes news that he is looking to sell a 20-30% stake in his terminal operating company Yilport, in addition to bids to operate facilities in Oslo, Thessaloniki and Montreal.

Read more...

Comment on this article

You must be logged in to post a comment.

Topics

Takeover Talk Yilport Danaos On the wires

Most Read

Expeditors sues long-term client for unpaid $20m in row over invoices

More bad news for carriers hoping rates decline has bottomed-out

Rivals set out to woo UPS customers as fears of a strike grow

Drop 'DB' and 'DP'. Call it 'DHL Schenker'. Sounds cool, huh?

Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'

2M axes Asia-North Europe loop, as carriers shop for more tonnage

Taiwan carriers pay record staff bonuses after year of bumper profits

Airfreight rate relief for shippers, or are things going to 'turn nasty'?

Shippers put more pressure on ocean carriers for carbon-free services

Atlas Air merger with Apollo group finally set to close on Friday

Dachser's M&A in air and ocean freight – how serious is that?

Asia services expanding as logistics players opt for a 'China+1' strategy

Shippers cry foul as Sri Lanka government reneges on all-in rate rule

End-of-year cargo surge adds to operational challenges at JNPT

THE Alliance ends some Cape diversions for network revamp

Collaboration key to the challenge of transporting lithium ion batteries