Independent journal on economy and transport policy
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Hyundai Merchant Marine selected which preferential offerer for Total Terminal International Algeciras
the landing place is inaugurated to half 2010
November 25, 2016
With an official notice to the Stock exchange of Korea, today the company of South Korean navigation Hyundai Merchant Marine (HMM) has announced of being selected which preferential offerer in the within of the procedure for the acquisition of Total Terminal International Algeciras (TTI Algeciras). This last one manages the container terminal in the Isla Verde Exterior area of the port of Algeciras that in the 2008 Harbour Authority has assigned in concession to the Hanjin Shipping that has inaugurated the landing place in the summer of 2010 ( of 1115February 2008 and July 2010). In the 2014 Hanjin it has yielded 70% of the capital of the TTI Algeciras to a consortium formed from South Koreans IBK Securities and Korea Investment Partners ( on 6 March 2014).
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