Friday, June 20, 2025
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Tag: Blackrock

PSA mulls sale of its stake in CK Hutchison

Singapore’s port and terminal operator PSA International is considering selling its 20% stake in CK Hutchison’s global ports business, according to a report by...

China Moves to Block CK Hutchison Deal: Protecting Strategic Port Influence

Beijing’s move to block the sale of CK Hutchison’s overseas port division to BlackRock and Mediterranean Shipping Co (MSC) reflects its strategic interest in...

Geopolitical Implications of CK Hutchison Port Sale for China

A social media post from a China Central Television-affiliated account briefly surfaced on 29 March, criticizing CK Hutchison's decision to divest its Panama Canal-proximate...

CK Hutchison pulls back from Panama ports sale?

Hong Kong-based conglomerate CK Hutchison, headed by magnate Li Ka-shing, will not proceed with signing a deal next week to sell its two key...

Inside BlackRock’s Role in the Game-Changing Port Acquisition Deal

BlackRock, through a consortium that includes its subsidiary Global Infrastructure Partners (GIP) and MSC's Terminal Investment Limited (TIL), has agreed to acquire the international...

US concerns over Hutchison’s Panama Canal operations led to blockbuster deal?

A consortium of BlackRock and MSC's port operating arm Terminal Investment Limited (TIL) has agreed to purchase the international port assets from CK Hutchison...

MSC-Blackrock agree US$22.8 billion deal for Hutchison Ports international operations

MSC subsidiary Terminal Investment Limited (TiL) and global investment company Blackrock have made a US$22.8 billion agreement to acquire the international port and terminal...
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Shipsgo at Transport Logistic 2025

Held at Messe München from June 2-5, Transport Logistic 2025 is a global exhibition for logistics and supply chain management, information technologies, and mobility....

MICT becomes first Philippine terminal to deploy fully electric tractors

Manila International Container Terminal (MICT), the flagship facility of International Container Terminal Services, Inc. (ICTSI), introduced two fully electric terminal tractors into its operations,...

Port of Los Angeles completes major wharf restoration project

Port of Los Angeles has wrapped up a US$22.7 million restoration project at Berths 177-182, significantly upgrading its infrastructure along the East Basin Channel...
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