{"id":7129,"date":"2004-10-01T00:00:00","date_gmt":"2004-09-30T23:00:00","guid":{"rendered":"https:\/\/portstrategy.nfdtesting.uk\/greenport\/2004\/10\/01\/csxwt-bidding-underway\/"},"modified":"2004-10-01T00:00:00","modified_gmt":"2004-09-30T23:00:00","slug":"csxwt-bidding-underway","status":"publish","type":"post","link":"https:\/\/www.portstrategy.com\/greenport\/news\/equipment\/csxwt-bidding-underway\/","title":{"rendered":"CSXWT BIDDING UNDERWAY"},"content":{"rendered":"<p>Significantly, $25.09m has been spent on upgrading IT provision, with 6,000 new computers acquired and nearly 80% of KPA&#8217;s 6,900 employees put through training courses.<\/p>\n<p>According to Lloyd&#8217;s List&#8217;s sources, offers so far range in price from $1-1.2 billion.<\/p>\n<p>PSA International, HPH, Modern Terminals, China Merchants, NWS Holdings, COSCO Pacific and an unnamed seventh party are all in the running attracted by CSXWT&#8217;s operations at Kwai Chung (Hong Kong) plus facilities at Tianjin and Busan. (see also page 50).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seven parties have expressed interest to CSXWTs lead bank, Citigroup in the second round of bidding for the companys portfolio. Parent company CSX Corp wants to sell the business as a single entity although it has terminal operations across four continents. Offers are to be submitted by midNovember and a successful bidder is expected to be announced by year end.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,63],"tags":[],"sponsor":[],"class_list":["post-7129","post","type-post","status-publish","format-standard","hentry","category-equipment","category-products-services"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/7129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/comments?post=7129"}],"version-history":[{"count":0,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/7129\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media?parent=7129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/categories?post=7129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/tags?post=7129"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/sponsor?post=7129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}