Independent journal on economy and transport policy
11:57 GMT+2
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Finalized the transaction with which COSCO and Qingdao Port they have become partner of APM Terminals to I go
To the two Chinese groups participation pairs respective to 40.0% and 9.9%
March 17, 2017
In recent days the transaction is finalized with which Chineses COSCO Shipping Ports and Qingdao Port International Development (Hong Kong) has acquired respective 40.0% and 9.9% of the Reefer Terminal of Vado Ligure, of which Dutch APM Terminals of shipowning group Danish A.P. Møller-Mærsk remains the majority shareholder.
As expected from the which signed understanding at the end last year ( on 18 October 2016), for effect of the transaction to COSCO Shipping Ports 40.0% of the actions will be up and to Qingdao Port International Development (Hong Kong) 9.9% of the actions of the container terminal of APM Terminals Vado once completed in the 2018 construction of the terminal on the platform multipurpose of the savonese port of Vado Ligure.
In a note APM Terminals it has evidenced that "the combination of the three partner, leader of the field, will afford to accelerate the increase of Go as node key for the import-export to service of the Italian markets north-western and of part of Europe. Equally important - it has observed the company - it is the fact that the terminal container of APM Terminals Vado will constitute the only structure on from Liguria coast with a draught in a position to receiving ships container hooligan-large of ability until 19.000 teu and beyond without limitations".
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