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Maersk sends open letter to Virginia politicians

In an open letter to Virginia politicians, APM Terminals explains the intentions of its bid to take over the major container port on the American East Coast.

Maersk-owned APM Terminals has sent an open letter to mayors and other politicians of the State of Virginia as part of the debate about the privatization of the Port of Virginia, the 6th largest container port in the United States. A number of politicians, along with companies based in the port, are skeptical toward a potential sale to APM Terminals or other private companies bidding on the port.

The letter - from APM Terminals’ American CEO Eric Sisco – addresses some of the concerns voiced by several politicians. The entire discussion about the Port of Virginia’s future was initiated by Maersk, which in April of this year made an unsolicited offer of up to USD 4 billion for 48 years of total port operations.

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