NOL Led Group Bids For Koja Container Terminal
June 14, 2000
A consortium led by Singapore shipping group Neptune Orient Lines (NOL) has put in a $150 million bid for Indonesia's Koja Container Terminal in Jakarta's Tanjung Priok port area. The other members of the group include Singapore government's investment arm, Temasek Holdings, and Indonesian shipping firm Samudera Shipping Line Ltd. Competing against NOL is Hong Kong Tycoon Li Ka-Shing's Hutchison Whampoa, according to a report in the Business Times.
Related News
Suspected Somali Pirates Taken to Seychelles
Port of New Orleans CEO Brandy Christian to Step Down
Russia Steps in After India Drops Safety Cover for Sanctioned Vessels
US House Panel to Hold Hearing on Baltimore Bridge Collapse
Houthi Leader Vows to Escalate Attacks on Merchant Shipping