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MSC, the world's leading maritime company established in Naples in 1970 and owned by the Aponte family, intends to buy 43 terminals at key ports worldwide, which have been put up for sale by CK Hutchison. The terminals, where container loading and discharging activities are conducted, are highly sought after: ownership of these facilities grants control over a vital segment of the supply chain—the intricate and interconnected network of transportation and logistics that underpins global trade and the economy. In recent years, MSC has acquired hundreds of container ships, cruise ships, logistics centers, cargo trains, and aircraft. It has also taken over several Italian and foreign port facilities. To finalize this new agreement, MSC has established a consortium with the US investment firm BlackRock and the Singaporean sovereign wealth fund GIC. MSC holds a 70% stake in the consortium through its subsidiary, Terminal Investment Ltd (Til), while BlackRock owns 20% and GIC 10%. The goals are twofold: first, to purchase 43 terminals operated by CK Hutchison in 23 countries around the world, and second, to acquire the Balboa and Cristobal ports at the Panama Canal's entry. MSC Chairman Diego Aponte expressed confidence that the operation will be successful. Diego Aponte is the son of MSC's founder, Gianluigi, who, at 84, still has complete authority over the corporation. The transaction with CK Hutchison will enable MSC – the Italian-Swiss enterprise – to extend its presence to numerous additional ports across all continents: the list encompasses Buenos Aires in Argentina, Brisbane and Sydney in Australia, Alexandria in Egypt, Duisburg in Germany, Jakarta in Indonesia, Gwangyang in South Korea, four ports in Mexico, Karachi in Pakistan, Dammam in Saudi Arabia, Barcelona in Spain, Stockholm in Sweden, Amsterdam, Venlo, and Rotterdam in the Netherlands, as well as Harwich and Felixstowe in the United Kingdom.
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