Independent journal on economy and transport policy
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Group MSC places side by side Contship Italy and APM Terminals to Gioia Tauro
To TIL, terminalista society of the Genevan shipowning group, a third party of the share capital of Medcenter Container Terminal
January 17, 2012
Contship Italy has yielded part of own participation in the Medcenter branch Container Terminal (MCT), that it manages the container terminal of the port of Gioia Tauro, to the Dutch Terminal Investment Limited (TIL), terminalista society of the shipowning group Genevan Mediterranean Shipping Company (MSC).
Yesterday Contship Italy, that it is participated by the Germans Eurokai (66.6%) and Eurogate (33.4%), has signed in fact a contract that previews the cession of 50% of CSM Italy-Gate Spa, the sub-holding ones that controls 66.7% of Medcenter Container Terminal, to Terminal Investment Limited. As a result of such operation, MCT will be stopped jointly with a quota pairs to a third party from the three partner: Contship Italy, Terminal Investment Limited and APM Terminals, this last society of shipowning group Danish A.P. Møller-Maersk.
Contship Italy has announced that the new board of directors of MCT will be composed of six members, expression of everyone of the three partner, and so will be constituted: president and managing director of nomination Contship Italy, two councilmen of nomination TIL and two councilmen of nomination APM Terminals.
"They are much satisfying", it has commented Cecilia Eckelmann-Battistello, president of the group Contship Italy and Medcenter Container Terminal. "The income of TIL and the partnership with APM Terminals - it has explained - contributes to ulteriorly strengthen the commercial relations and the organizational developments of the terminal in order to tackle to the challenges of the market of the transport containers in a particularly difficult moment to total level".
We remember that Contship Italy and the German group Eurogate are partner of MSC in the consortium Eurogate Tanger that work a container terminal in the Moroccan port of Tanger Med. Moreover the Eurogate group is associate of MSC in joint company the MSC Gate Bremerhaven that manages the homonymous container terminal in the port of Bremerhaven dedicated to the ships of the Helvetic shipowning group.
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