Port of Virginia declines Maersk’s billion-dollar bid
One of the biggest container ports in the U.S., Port of Virginia, will not be privatized. This was decided by a majority of the port’s top management Virginia Port Authority Board of Commissioners (VPA Board) on Tuesday.
BY OLE ANDERSEN
One of the biggest container ports in the U.S., Port of Virginia, will not be privatized. This was decided unanimously by the port’s top management Virginia Port Authority Board of Commissioners (VPA Board) on Tuesday. Port of Virginia published the news via its blog and thereby, the billion-dollar proposal from the Maersk Group’s port company APM Terminals has been taken off the table.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Smedegaard downplays expectations for Virginia
For subscribers
APM Terminals' Virginia bid criticized
For subscribers
