Yildirim to Sell CMA CGM Stake as Plans to Buy Ports America

Yildirim Holding AS is seeking buyers for its stake in the world’s third-biggest container shipper as the...

Australia’s Northern Territory retains stake in China-run port

Australia’s Northern Territory government said on Tuesday it will retain a 20 percent stake in the strategic...

Cosco Pacific Increases Stake at Quingdao Port

The Transaction contemplated under the Transaction Agreement is subject to Shareholders’ approval and satisfaction or waiver of conditions precedent.

Advent Said to Mull Selling Stake in $1.2 Billion Brazilian Port

Advent International, the Boston-based private equity firm, is considering a sale of its stake in Brazilian container port Terminal de Conteineres de Paranagua SA, people familiar with the matter said.

CMA CGM set to delist NOL as stake crosses 90% threshold

CMA CGM has passed the 90% ownership threshold of Neptune Orient Lines (NOL) and now plans to delist the...

Qatar Navigation eyes Qatar Petroleum’s stake in Al Shaheen

Qatar Navigation (Milaha) is poised to offer state-owned energy giant Qatar Petroleum as much as $180m for its...

Dayang to sell at least 25% of Perdana Petroleum stake to keep listing status

Dayang Enterprise, which currently owns more than 98% equity in Perdana Petroleum and is keen to maintain the...