MSC increases stake in Terminal Investment

MSC Mediterranean Shipping Company SA announces that it is increasing its majority stake in Terminal Investment Ltd (TiL) to 60 percent, following a deal with Global Infrastructure Partners (GIP) and other co-investors.

MSC increases stake in Terminal Investment

Mediterranean Shipping Company also welcomes a new partner to the shareholding of TiL after GIC Private Limited, a Singaporean Sovereign Wealth Fund, acquired a 10 percent stake in TiL from GIP and other existing co-investors.

GIP, a leading global, independent infrastructure fund manager, remains a significant shareholder.

TiL, which along with MSC is headquartered in Geneva, Switzerland, is one of the world’s largest and most geographically diverse container terminal investors.

As a terminal operator, TiL handles 34 million cargo moves a year for MSC and other shipping lines in 29 countries across five continents. It is present at 7 of the world’s 25 busiest ports – Antwerp, Singapore, Long Beach, Ningbo, Newark, Bremerhaven and Rotterdam.

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