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Maersk, MSC to Take Over 2 Ports in Panama from CKH
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APM Terminals (APM), a subsidiary of Maersk, and Terminal Investment Limited (TiL), a subsidiary of Mediterranean Shipping Company (MSC), will take over two ports in Panama from CKH HOLDINGS (00001.HK) respectively for a period of time, according to foreign media reports. On January 29, Panama's Supreme Court ruled to revoke the concession rights granted to CKH HOLDINGS for these two ports. The Panamanian government published the ruling in the official gazette yesterday (23rd) and took over the ports. AAStocks Financial News |
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