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Tag: CK Hutchison

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PSA’s Potential Exit from CK Hutchison Stake Signals Strategic Pivot Toward Growth and Stability

Alexandros Itimoudis - 0
In light of PSA International’s decision to explore the sale of its 20% stake in CK Hutchison’s ports business, a review of the group’s...
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CK Hutchison’s earnings highlight necessity of terminals in liner shipping

Container News Team - 0
CK Hutchison’s port operations experienced an 11% surge in sales in 2024, bringing its revenue almost on par in US dollar terms with Singapore’s...
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China Moves to Block CK Hutchison Deal: Protecting Strategic Port Influence

Alexandros Itimoudis - 0
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...
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Geopolitical Implications of CK Hutchison Port Sale for China

Alexandros Itimoudis - 0
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...
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CK Hutchison pulls back from Panama ports sale?

Container News Team - 0
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...
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Li family accused of betrayal in Hutchison terminal sale

Container News Team - 0
Chinese state media Ta Kung Pao has accused the owners of CK Hutchison of betraying the interests of the Chinese people, following the company’s...
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Inside BlackRock’s Role in the Game-Changing Port Acquisition Deal

Alexandros Itimoudis - 0
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...
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US concerns over Hutchison’s Panama Canal operations led to blockbuster deal?

Alexandros Itimoudis - 0
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...
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MSC-Blackrock agree US$22.8 billion deal for Hutchison Ports international operations

Container News Team - 0
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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Workers begin new round of strikes at Port of Felixstowe

Antonis Karamalegkos - 0
Workers at the UK’s largest container port at Felixstowe have launched a new strike action today (27 September) due to an ongoing dispute over...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Rates & Surcharges Antonis Karamalegkos - 0
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...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Services Container News Team - 0
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...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
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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