Independent journal on economy and transport policy
07:38 GMT+1
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OOIL will yield Long Beach Container Terminal to a consortium guided from Macquarie
The transaction will have a value of 1,78 billion dollars
April 30, 2019
It will be a consortium guided from Macquarie Infrastructure Partners, that SIGHT) of the Macquarie group takes part of the Macquarie Infrastructure division and Real Assets (, to acquire the terminal for containers Long Bach Container Terminal (LBCT) of the port of Long Beach that the group Orient Overseas (International) Ltd. (OOIL) of Hong Kong has been engaged to yield in order to obtain the green light of the American authorities to the acquisition of the OOIL by shipowning group Chinese COSCO Shipping(on 9 July 2018).
and the agreement includes an understanding which signed from the company of navigation Orient Overseas Container Linens (OOLC), that integrally it is controlled by OOIL, than engages it to make use of the terminalistici services of the LBCT for a period 20-year-old.
Currently the Macquarie group is present in the American harbour field mainly through participation in the terminalista society Maher Terminals, of which it stops 80% of the capital, and in the NYK Ports, joint venture with the shipowning group Japanese Nippon Yusen Kaisha (NYK), of which it stops 49% of the capital. We remember that recently the Macquarie group has signed agreements in order to yield the container terminal of the Polish port of Danzica to a consortium composed from PSA, PFR and GIF(on 19 March and 29 April 2019).
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It will be a consortium guided from Macquarie Infrastructure Partners, that SIGHT) of the Macquarie group takes part of the Macquarie Infrastructure division and Real Assets (, to acquire the terminal for containers Long Bach Container Terminal (LBCT) of the port of Long Beach that the group Orient Overseas (International) Ltd. (OOIL) of Hong Kong has been engaged to yield in order to obtain the green light of the American authorities to the acquisition of the OOIL by shipowning group Chinese COSCO Shipping
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
