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MSC buys stake in Port of Long Beach's Pier T
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Friday, February 01, 2013
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Mediterranean Shipping Co., the world's second largest container carrier, has decided to purchase a stake in the leasehold for the marine terminal operations at Pier T, the largest container terminal in Port of Long Beach, said the port's Executive Director J. Christopher Lytle. The facility is currently operated by Total Terminals, a subsidiary of Hanjin. In December, CMA CGM, the world’s third largest ocean carrier, bought a stake in Pier J, the property o...
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