Maersk could lose port after bribery scandal

Maersk Group risks losing a port terminal in Guatemala after a major bribery scandal, according to Danish trade journal Fagbladet 3F.

Photo: APM Terminals

APM Terminals risks losing a port terminal in Guatemala after a major case involving bribery, reports Danish trade journal Fagbladet 3F.

Guatemala's public prosecutor has lifted a 25-year concession deal between the port in Puerto Quetzal and the Maersk-owned company TCQ. The contract is worth USD 254 million.

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