Total Terminal International Algeciras S.A. News
HMM announces partnership with CMA CGM on Total Terminal International Algeciras (TTI Algeciras) operation
HMM announced that the company has signed sales and purchase agreement with CMA CGM for the sale of its 50% stake, minus one share, in the Total Terminal International Algeciras (TTI Algeciras), a container terminal in the south of Spain. 50% stake sale of TTI Algeciras Shares of TTI Algeciras are owned by HMM and HT Algeciras, which is a special purpose company that is wholly controlled by HMM. HMM directly owns a stake of 50% minus one share, with the remaining 50% stake plus one share held...