02APR2019 - NEWS - Contship Italia concludes agreement with Itaterminaux for sale of 50 percent stake in Medcenter Container Terminal at Gioia Tauro, Italy

Contship Italia has recently concluded an agreement with Itaterminaux, a fully controlled subsidiary of MSC’s terminal arm TIL (Terminal Investment Ltd), for the sale of its 50% stake in Medcenter Container Terminal (MCT) at Gioia Tauro, Italy’s largest transhipment terminal. Under the agreement, still subject to regulatory approval, TIL will own 100% of MCT’s owning company CSM Italia Gate. Terms of the deal were not disclosed.

Published by Editor - www.Livebunkers.com at 02-Apr-2019 06:57:34 [UTC] , contact editor at editor@livebunkers.com