Brazilian government pushes ahead with ports privatisation
NewsAt least 19 auctions are planned this year and as many as 35 over the next three years, according to Brazil’s Ministry of Ports and Airports (MoPA).
APM Terminals is to sell stakes in some of its container terminals, but will, in all cases, maintain an equity interest of at least 51%, and, therefore, management control of them. This is critical, given that Maersk’s strategy is based on creating an integrated transport and logistics business, in which all divisions – liner shipping, terminals and forwarding – support each other, and work together.
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