P&O Ports to leave Sète
NewsFrench media have reported that the DP World affiliate is pulling out of its contract to run the multipurpose/container terminal in the south west France port
AIG Global Investment Group (AIG-GIG), which recently acquired P&O Ports North America’s US and Canadian terminals from Dubai Ports World (see WorldCargo News February 2007, p1), is strengthening its stake in US container terminal operations with an agreement to buy the whole of MTC Holdings (MTCH) from the Redlich family, for an undisclosed sum.
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