China Merchants completes acquisition of Australian Port of Newcastle

Port Today. 26 June. 5 minute read.
China Merchants Port Holdings Company Ltd (CMPort) acquired the Port of Newcastle, which is also the world’s leading coal export facility, in a deal that signified CMPort’s expansion to six continents. The deal followed the purchase of Brazil’s Paranagua Container Terminal (TCP). CMPort’s portfolio covers Asia, Africa, Europe, North and South America and Oceania.
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