Search results for: China Merchants Holdings International

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  • 4 August 2015
    Business & Finance

    Hong Kong-listed China Merchants Holdings (International), a subsidiary of China Merchants Group, has issued USD 700 million fixed-coupon guaranteed notes to support the capital needs for the development of the company’s port business. The bond sale consists of two tranches, a 5-year tranche of USD 200 million, and a 10-year tranche of USD 500 million. The issue is rated […]

  • 25 June 2015
    Business & Finance

    Moody’s Investors Service has upgraded the port operator and container manufacturer China Merchants Holdings International’s (CMHI) issuer and senior unsecured debt ratings to Baa1 from Baa2, with a stable rating outlook, on expectations that CMHI will receive financial support from its parent, China Merchants Group Limited (CMG), in case of financial distress. CMHI, 54.2% owned by […]

  • 4 August 2015
    Business & Finance

    Hong Kong-listed China Merchants Holdings (International), a subsidiary of China Merchants Group, has issued USD 700 million fixed-coupon guaranteed notes to support the capital needs for the development of the company’s port business. The bond sale consists of two tranches, a 5-year tranche of USD 200 million, and a 10-year tranche of USD 500 million. The issue is rated […]

  • 16 February 2015
    Business & Finance

    China Merchants Holdings International (CMHI) and Dalian Port Group signed a strategic cooperation framework agreement on Friday, February 13th. Under the deal, the two parties plan to explore opportunities for multi-level and multi-area cooperation, based on the core port-related business, as Dalian strives to become one of  North-East Asia maritime hubs. The port has secured its […]

  • 17 August 2011

      Sri Lanka has entered into a deal with China Merchants Holdings International (CMHI) to upgrade the container terminal at the Port of Colombo… (portworld) [mappress] Source: portworld, August 17, 2011

  • 12 September 2014
    Business & Finance

    Construction of the USD 11 billion Bagamoyo megaport has been pushed forward by the government of Tanzania from January 2015 to the last trimester of 2014, following the successful negotiations with Chinese officials, Global Construction Review reports. China Merchants Holdings International, the world largest independent port operators, are to develop the Bagamoyo port, starting with the quay, […]

  • 24 June 2007

    3,200,000 TEU Terminal to Open 2009. APM Terminals, the terminal arm of the A.P. Moller – Maersk Group of Denmark has been invited to lead a joint venture to develop, own and operate the Shenzhen Dachan Bay Phase 2 Container Terminal, together with the Dachan Bay Port Investment and Development Co., Ltd, and China Merchants […]

  • 15 March 2013

    Sri Lanka Ports Authority is planning to call for tenders for the construction of the second terminal of Colombo South Harbour by 2017. Sri Lanka Ports Authority Chief Engineer (Planning and Development), Susantha Abeysiriwardena told Daily News Business that SLPA would call for international tenders for the construction of the second terminal of Colombo South […]

  • 17 November 2015
    Business & Finance

    Cosco Pacific, China Merchants Holdings International (CMHI) and CIC Capital Corporation have used the recent G20 summit in Ankara to officially sign an agreement with FIBA Holding to jointly acquire Kumport Terminal, Turkey’s third largest container terminal situated in the Ambarli Port Complex on the northwest coast of the Marmara Sea. Back in September, COSCO Pacific, CMHI and […]

  • 12 January 2016

    Responding to the reports that the construction of the USD 10 billion Bagamoyo port, the largest port in East Africa, will be suspended, the government of Tanzania said that the construction will continue, according to local media. The government confirmed that the project is scheduled to start in July this year, once the financing negotiations with relevant parties […]

  • 30 January 2012

    Aitken Spence has announced that they have finalized the formalities of the sale of 30 % shareholding in CICT to China Merchants Holdings (international) company Limited (CMHI) their joint venture partner. The Sale was on normal commercial terms which have been determined through arms length negotiations between the parties. The directors consider the sale is […]

  • 17 September 2015
    Business & Finance

    COSCO Pacific, China Merchants Holdings International (CMHI) and CIC Capital Corporation have, through their respective wholly-owned subsidiaries, formed a joint venture to acquire equity interests in Fina Liman and Kumport in Turkey. Fina Liman is an investment holding company whose only asset is its investment in Kumport, which is principally engaged in the ownership and operation […]

  • 17 September 2015
    Business & Finance

    COSCO Pacific, China Merchants Holdings International (CMHI) and CIC Capital Corporation have, through their respective wholly-owned subsidiaries, formed a joint venture to acquire equity interests in Fina Liman and Kumport in Turkey. Fina Liman is an investment holding company whose only asset is its investment in Kumport, which is principally engaged in the ownership and operation […]

  • 17 September 2014
    Business & Finance, Project & Tenders

    China Merchants Holdings (International) Company and China Harbour Engineering Company Ltd. (the China Joint Venture) yesterday reached agreement with Sri Lanka Ports Authority (SLPA) on key terms in relation to the development of Phase II of the Hambantota Port Project. Under the deal, the China Joint Venture and SLPA will enter into a supply, operate and transfer […]

  • 17 September 2014
    Business & Finance

    Sri Lanka Ports Authority (SLPA) has agreed on key terms of Supply, Operate and Transfer agreement (SOT) with China Harbour Engineering Company Ltd., and China Merchants Holdings (International) Company Limited (China Joint Venture). SLPA and the China Joint Venture will establish the Project Company  which will develop and operate the container terminal as part of Phase II of the Hambantota Port […]

  • 7 November 2013
    Business & Finance

    Representatives of the Port of Long Beach and the Busan Port Authority met this week in South Korea to sign a “sister port” agreement to establish a mutually beneficial exchange of technology, ideas and culture. Both ports face the challenge of modernizing to better serve customers and to reduce their environmental impacts. The ports welcomed […]

  • 7 November 2013
    Business & Finance

    Representatives of the Port of Long Beach and the Busan Port Authority met this week in South Korea to sign a “sister port” agreement to establish a mutually beneficial exchange of technology, ideas and culture. Both ports face the challenge of modernizing to better serve customers and to reduce their environmental impacts. The ports welcomed […]

  • 12 February 2013
    Business & Finance

    CMA CGM announced that it has now finalized its major financial restructuring launched less than a year ago: – Closing of the agreement with its Banks regarding its debt restructuring. This agreement provides for a new covenant package taking into account the industry’s volatility and a partial refinancing of a credit line maturing in 2013 […]

  • 6 May 2013
    Business & Finance

    Colombo International Container Terminal Plc, (CICT) a unit of China Merchant Holdings (International) will begin discussions with potential customers shortly with the first berth due to open in July. “The port of Colombo can accommodate mega vessels,” CICT chief executive Yunshu Liu said on the sidelines of ports and logistics conference organized by Seatrade a […]

  • 7 May 2013
    Business & Finance

    Colombo International Container Terminal Plc, (CICT) a unit of China Merchant Holdings (International) will begin discussions with potential customers shortly with the first berth due to open in July. “The port of Colombo can accommodate mega vessels,” CICT chief executive Yunshu Liu said on the sidelines of ports and logistics conference organized by Seatrade a […]

  • 4 May 2017
    Business & Finance

    Malaysian port operator Westports Holdings Berhad has expressed interest to take part in a consortium bidding for Colombo Port’s new terminal in Sri Lanka. Westports will jointly bid for the contract to build Colombo Port’s East Container Terminal (ECT) in the consortium of six companies led by Sri Lankan conglomerate Hayleys PLC. In line with the master plan […]

  • 5 April 2019
    Business & Finance

    London court orders Djibouti to pay USD 385 million plus interest for violating DCT exclusivity rights.