Maersk still wedded to PTP
The Maersk Shipping Line has revealed that it retains a keen interest in the Malaysian Port of Tanjung Pelepas, where it controls a 30% equity stake.
This is despite the fact that majority partner MMC Corporation has been given permission to negotiate a possible sale of one fifth of its holding to foreign investors.
MMC needs the cash to fund future expansion. It is not known if Maersk is interested in acquiring the extra equity.
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