“The port operator subsidiary of Chinese conglomerate COSCO Shipping signed a $228 million deal to acquire 51 percent of shares in Noatum Port Holdings, giving the Asian shipping line access to Mediterranean and European networks.”
For more details, please see the original article at American Shipper.
Source: American Shipper (LF)
Another article on this topic can be found on Seatrade Maritime.
Source: Seatrade Maritime