© Philippe Alès(CC BY-SA 3.0)

Two container terminals purchased through TIL

MSC goes shopping in Le Havre

by Port News Editorial Staff

Terminal Investment LTd (TIL), MSC’s terminal group, has announced a €700 million investment in  two container terminals in the port of Le Havre.

In particular, TIL has bought the French Perrigault Group’s stakes in Terminal Porte Océance (TPO) and Terminal de Normandie MSC (TNMSC).

The investment will create 1,100 jobs over the next six years, including 900 new dockworkers, while the purchase of new equipment will also enable the port of Le Havre to handle up to 24,000 TEU boxships.

Translation by Giles Foster

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