Saturday, 22 September 2012

Maersk's Bid to Run Va. Port Challenged As Two Unidentified Firms Show Interest

This story appears in the Aug. 27 print edition of Transport Topics. Click here to subscribe today.

Two more companies have ex­pressed interest in taking over operations at the Port of Virginia, creating alternatives to an earlier offer from Maersk, which operates the largest container shipping fleet.

The port, located in the Norfolk/Hampton Roads region of the state, has been operated for more than 30 years by Virginia International Terminals, which is a state-sponsored operator.

Ryan Pedraza, program manager in Virginia’s public-private programs office within the Department of Transportation, confirmed to Transport Topics on Aug. 20 that two alternative proposals had been received. He declined to disclose their identities.

Published reports have listed one of the bidders as investor Carlyle Group, and the other is a real estate affiliate of Deutsche Bank. Neither firm responded to TT’s requests for comment.


View the original article here

No comments:

Post a Comment