The billionaire owners of the MSC shipping empire, Gianluigi Aponte and his son Diego Aponte, are reportedly considering excluding two Panama ports from their massive $22.8 billion acquisition of port assets from CK Hutchison.
According to sources familiar with the matter, the Apontes, who control Mediterranean Shipping Co. (MSC), are looking to proceed with the majority of the deal—covering terminals at 41 ports across five continents—while ongoing issues related to the Panama Canal ports are addressed separately. The discussions aim to prevent delays in finalizing the broader agreement while resolving disputes tied specifically to the two Panama facilities.
Explore the latest edition of Journal of Supply Chain Magazine and be part of the JOSC Daily News Bulletin.
Discover all our upcoming events and secure your tickets today.
Journal of Supply Chain is a Hansi Bakis Media brand.
Subscribe to our Daily Newsletter
Subscribe For FreeBy continuing you agree to our Privacy Policy & Terms & Conditions
Next News
Estonian aviation company Rapid MRO is set to begin maintaining cargo aircraft at Pärnu Airport, as reported by Aktuaalne kaamera. With limited hangar space across Estonia and Europe, the Pärnu facility offers a strategic solution for the company’s growing needs.
The first aircraft slated for maintenance is the Saab 340, a model that’s become rare in Europe, making skilled technicians increasingly hard to find. "This year, we have six
aircraft lined up for ‘nose-to-tail’ maintenance, meaning they’ll be serviced one after the other," said Oliver Loorits, head of maintenance services at Rapid MRO. The first aircraft arrives next week, and the hangar will remain fully occupied until October. The team currently includes 10 employees, three of whom are local mechanics.
Looking ahead, Rapid MRO aims to expand its services to aircraft like the ATR 72, and the Pärnu facility is capable of handling larger models such as the Boeing 737 and Airbus A320. The company has signed a five-year lease for the site.
Pärnu Airport, currently supported by state subsidies due to declining flight connections, has also been considered for privatization. Other potential developments for the site include a proposed methanol plant.
Explore the latest edition of Journal of Supply Chain Magazine and be part of the JOSC Daily News Bulletin.
Discover all our upcoming events and secure your tickets today.
Journal of Supply Chain is a Hansi Bakis Media brand.