ZIM has announced that it has signed a deal that will yield US$154 million in cash, and a gross profit of US$120 million. ZIM will sell its stake (47.5 percent) in TICT (Tin-Can Container Terminal), the second largest container terminal in Nigeria, as well as sign a ten-year agreement with the terminal for vessels’ calls in Lagos and sell additional rights in connection with the asset.
Green Marine
about 16 years ago
ZIM sells container terminal in Nigeria
ZIM has announced that it has signed a deal that will yield US$154 million in cash, and a gross profit of US$120 million. ZIM will sell its stake (47.5 percent) in TICT (Tin-Can Container Terminal), the second largest container terminal in Nigeria, as well as sign a ten-year agreement with the termi
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