Yildirim’s Investment May Bring CMA-CGM, Make Gulfport Less Banana Exposed — Panjiva
Más

Yildirim’s Investment May Bring CMA-CGM, Make Gulfport Less Banana Exposed

Ags - Fruit/Veg 136 Corp - Ports 893 Corp - Shipping 991 Mergers 220 Mode - Containerized 1489 Mode - Seaborne 1818 U.S. 5347

Yildirim Holding, 24% owned of container-line CMA-CGM, has signed a letter of intent to invest in facilities at the Port of Gulfport, Mississippi. That cements Yildirim’s commitment to logistics after it backed away from selling CMA-CGM last year. Inbound container handling at Gulfport rose 27% in 2017 on a year earlier as disruptions from port renovations neared (but are not yet at) completion, but have fallen 5% in the first quarter of 2018. Gulfport may look to Yildirim to diversify the traffic through the port, which so far has been dominated by fruit shipments from Latin America inc...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.