Port News & Information Mediterranean, Black & Caspian Seas

China’s Cosco brings Valencia port’s expansion project to court

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Valencia, Spain (PortSEurope) May 10, 2019 – Two years’ ago, Chinese group Cosco Shipping Ports Limited, the third largest container shipping company in the world, paid €203 million ($227.5 million) to control 51% of the largest container terminal in Valencia. The port authority is tendering a project to extend the northern terminal. The Mediterranean Shipping…

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