MSC’s terminal operating arm Terminal Investments Ltd (TIL) is set to plough more than €1bn into a new box facility at its west Mediterranean hub of Valencia.
Late last week the port authority of Valencia made public MSC’s bid to operate the port’s fourth container terminal – the sole bid that the port received for the project.
It said MSC had pledged to invest a total of €1.01bn in the project, which …
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Source: The Loadstar