Independent journal on economy and transport policy
01:33 GMT+2
ECT plans to diversify business
(Sched Net)
February 7, 1998
Europe Combined Terminals, one of Europe's main container stevedores is trying to enter into a merger with Maersk, enabling them to set up a new joint terminal.
The two companies are holding talks about a partnership, with Maersk taking the majority share of 66 per cent.
ECT is currently stable in the market, and showed profits of US$20 million in 1997, ...... Read more on Sched Net
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