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19 August 2019 The on-line newspaper devoted to the world of transports 14:06 GMT+2



July 30, 2019

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Original news
OOIL sells Long Beach Container Terminal to a bottom managed from the Macquarie group

The transaction will have a value of 1,78 billion dollars

The group Orient Overseas (International) Ltd. (OOIL) of Hong Kong has signed an agreement with Olivia Holdings, society controlled from Macquarie Infrastructure Partners IV who are a bottom managed from Macquarie Infrastructure and Real Assets (SIGHT), in order to sell them Long Beach Container Terminal, company that the homonymous container manages terminal of the port of Long Beach. Long Beach Container Terminal will be sold for 1,78 billion dollars and it previews that the transaction will be capacity to term in the next few days. We remember that OOIL has been engaged with the American authorities to sell the terminalista society in order to obtain the authorization to being acquired from shipowning group Chinese COSCO(on 9 July 2018).

Moreover OOIL has signed a Terminal Services Agreement of the duration 20-year-old with Long Beach Container Terminal based on which the Californian terminalista society will supply services to portacontainer of the Orient Overseas the Container Linens (OOIL), the company of navigation of the OOIL, that they will land to the port of Long Beach.



PSA Genova Pra' Vincenzo Miele


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