OOIL finalizes billion-dollar sale of Long Beach terminal

OOIL has now officially closed the sale of its Long Beach Container Terminal in California for around USD 1.8 billion. The sale was a precondition for Cosco getting approval to buy the company.

Photo: Bob Riha Jr / Reuters / Ritzau Scanpix

Log in to read our articles

Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.

Try us for 14 days

Try a trial subscription for access to our quality journalism

Related articles

Latest news


See all

See all