Ports

New Jersey halted Maersk’s port partnership

It was a number of specific requirements from the New Jersey port authorities that ultimately made a planned joint venture between APM Terminals and capital group Brookfield impossible, APM Terminals tells ShippingWatch.
BY TOMAS KRISTIANSEN

According to APM Terminals it was specific demands from port authorities that put a stop to the company's announced joint venture with capital group Brookfield Asset Management pertaining to ownership and operation of Port Elizabeth in New Jersey.

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