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Tag: Blackrock

PSA mulls sale of its stake in CK Hutchison

Singapore’s port and terminal operator PSA International is considering selling its 20% stake in CK Hutchison’s global ports business, according to a report by...

China Moves to Block CK Hutchison Deal: Protecting Strategic Port Influence

Beijing’s move to block the sale of CK Hutchison’s overseas port division to BlackRock and Mediterranean Shipping Co (MSC) reflects its strategic interest in...

Geopolitical Implications of CK Hutchison Port Sale for China

A social media post from a China Central Television-affiliated account briefly surfaced on 29 March, criticizing CK Hutchison's decision to divest its Panama Canal-proximate...

CK Hutchison pulls back from Panama ports sale?

Hong Kong-based conglomerate CK Hutchison, headed by magnate Li Ka-shing, will not proceed with signing a deal next week to sell its two key...

Inside BlackRock’s Role in the Game-Changing Port Acquisition Deal

BlackRock, through a consortium that includes its subsidiary Global Infrastructure Partners (GIP) and MSC's Terminal Investment Limited (TIL), has agreed to acquire the international...

US concerns over Hutchison’s Panama Canal operations led to blockbuster deal?

A consortium of BlackRock and MSC's port operating arm Terminal Investment Limited (TIL) has agreed to purchase the international port assets from CK Hutchison...

MSC-Blackrock agree US$22.8 billion deal for Hutchison Ports international operations

MSC subsidiary Terminal Investment Limited (TiL) and global investment company Blackrock have made a US$22.8 billion agreement to acquire the international port and terminal...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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