Gateway Container International has announced that it has a new shareholder in the shape of UK-based CDC Capital Partners, which has invested US$24.7 mill for a 25.1 per cent stake in the company.
The new equity will enable Gateway to leverage additional debt financing as part of its strategy to boost the size of its container fleet to over 500,000 TEU by the end of 2003....
Read this item in full
Approx 250 words from WorldCargo News, Decenber 2000,
page 1.