Yilport in talks for Long Beach container terminal

Capt. John

Turkey’s Yilport Holding AS is in advanced talks to buy a container terminal in Long Beach, California, a deal that would value the facility at close to $2 billion, people with knowledge of the matter said.

The discussions between Yilport, backed by businessman Robert Yuksel Yildirim, and terminal owner Cosco Shipping Holdings Co. aren’t yet exclusive, said the people, who asked not to be identified because the information is private. There were at least two other bidders who made the shortlist...

https://container-news.com/yilport-in-talks-long-beach-container-terminal/

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