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TIL Holding To Take Full Control Of Marport, Istanbul

TIL Holding to take full control of Marport, Istanbul

TIL Holding To Take Full Control Of Marport, IstanbulSource: MSC

Istanbul, Turkey (PortSEurope) July 24, 2019 – Arkas Holding is set to transfer its holding in Marport, the port business at Ambarlı Port, Istanbul, to its Swiss partner Terminal Investment Limited Sàrl (TIL).

TIL Holding opened for review at the local Competition Authority, applied to take over the sole indirect control of Marport, which it has joint control with Arkas Group.

Marport Port Operations Industry and Trade, Inc., which was established in 2001 as a port in Ambarlı Port Complex and established in 2001 as a joint venture between Arkas and TIL. The port has an installed capacity of 1.1m moves (1.7m TEUs) and can receive vessels of 14,000 TEU.

Terminal Investment Limited Sàrl (TIL) invests in, develops and manages container terminals around the world. It was founded in 2000 to secure berths and terminal capacity in the major ports used by Mediterranean Shipping Company (MSC).

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