TUI SELLS MONTRÉAL MAJORITY

TUI, owner of shipping line Hapag-Lloyd, has sold an 80% stake in Montréal Gateway Terminals to Morgan Stanley. The company acquired the initial stake after its buyout of  CP Ships.

TUI, owner of shipping line Hapag-Lloyd, has sold an 80% stake in Montréal Gateway Terminals to Morgan Stanley. The company acquired the initial stake after its buyout of  CP Ships.