Rijeka Gateway’s 1st RTG stands tall
NewsThe first RTG crane at APM Terminals’ Rijeka Gateway has been fully assembled and stands tall in Maersk’s iconic blue.
APMT sells Yantian stake
Cosco Pacific will pay US$520M for APM Terminals (APMT)’s 9.7% stake in Yantian International Container Terminals (YICT), the largest terminal in Shenzhen, China’s second-largest containerport.
The company will issue 449M new shares to raise US$582M to fund the acquisition, slated to be completed in July, which will raise its stake in YICT to 20.5% from 6.8%.
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This complete item is approximately 250 words in length, and appeared in the May 2010 issue of WorldCargo News, on page 11. To access this issue download the PDF here.
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