Independent journal on economy and transport policy
08:35 GMT+2
APL group pulls out of bid for Indon terminal
(Shipping Times)
June 30, 2000
Hutchison most likely to be winner of minority stake in Koja terminal
By Ann Toh
[SINGAPORE]
The NOL Group has confirmed that it has withdrawn the offer by a consortium led by its container shipping arm APL to purchase a 49 per cent stake in Indonesia's Koja terminal.
In a statement yesterday, APL said economic viability was one of the reasons it pulled out ...... Read more on Shipping Times
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