Close Menu
  • Home
  • Maritime
  • Offshore
  • Port
  • Oil & Gas
  • Energy
  • Technology
  • Incidents
  • Environment
  • Events
    • Maritime
    • Offshore
    • Oil & Gas
    • Energy
  • Advertising
  • Contact
Facebook X (Twitter) Instagram LinkedIn
Trending
  • European refiners could drive green hydrogen momentum, with maritime sector playing important role
  • North Sea yields ‘significant’ black gold discovery
  • Falmouth Scientific, Inc. Receives ISO 9001:2015 Quality Certification
  • New leadership for Oceanbird – Splash247
  • Boats Group lawsuit alleges monopoly in US listings
  • Hollandse Kust West Beta cable tests completed
  • New Fred. Olsen 1848 floating solar lead brings experience from SolarDuck, Equinor
  • Strohm’s TCP jumpers make their way to Malaysian deepwater sector
Facebook X (Twitter) Instagram LinkedIn
Maritime247.comMaritime247.com
  • Home
  • Maritime
  • Offshore
  • Port
  • Oil & Gas
  • Energy
  • Tech
  • Incidents
  • Environment
  • Events
    • Maritime
    • Oil & Gas
    • Offshore
    • Energy
  • Advertising
Maritime247.comMaritime247.com
Home»Port»CK Hutchison Confirms Aponte’s MSC is Main Investor in Ports Deal
Port

CK Hutchison Confirms Aponte’s MSC is Main Investor in Ports Deal

May 22, 2025
Facebook Twitter LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Email


MSC Confirmed as Main Investor in CK Hutchison Ports Deal

HONG KONG, May 22 (Reuters) – CK Hutchison confirmed on Thursday that Italian billionaire Gianluigi Aponte’s family-run MSC Mediterranean Shipping Company is the main investor in a group seeking to buy 43 ports from the Hong Kong conglomerate.

Hutchison co-managing director Dominic Lai was speaking at the company’s annual general meeting following weeks of scrutiny and criticism in China of its proposal to sell most of its $22.8 billion global ports business to a consortium led by U.S. investment firm BlackRock.

When asked if the Swiss-headquartered MSC shipping empire, which is controlled by the Aponte family, was the major investor, Lai said: “Yes, it has been from the beginning.”

CK Hutchison has not previously disclosed the exact ownership of each investor in the consortium.

Political and Trade Implications

The sale of assets, which would include two ports along the strategically important Panama Canal, has become highly politicised at a time of intensifying U.S.-China trade tensions.

In April, China’s top market regulator said it was paying close attention to CK Hutchison’s planned sale and that parties to the deal should not try to avoid an antitrust review.

CK Hutchison, controlled by tycoon Li Ka-shing, said this month that the deal would strictly adhere to all required compliance standards.

The proposed sale has also drawn the attention of U.S. President Donald Trump, who has repeatedly expressed his desire to reduce Chinese influence around the Panama Canal and termed the deal a “reclaiming” of the waterway.

See also  CK Hutchison-Operated Panama Ports Could be Taken Over by State Partnerships

Response from MSC

MSC did not immediately respond to a request for comment on Lai’s remarks.

(Reporting By Jessie Pang and Donny Kwok; Writing by Anne Marie Roantree; Editing by Joe Bavier)

(c) Copyright Thomson Reuters 2025.

logo

Subscribe for Daily Maritime Insights

Sign up for gCaptain’s newsletter and never miss an update

— trusted by our 109,038 members

Apontes CKHutchison Confirms deal investor Main MSC Ports
Share. Facebook Twitter LinkedIn Tumblr Telegram Email

Related Posts

Russian Drones Damage Tanker During Attack on Oil Terminal in Izmail

August 20, 2025

BP confirms multimillion-dollar deals for gas field expansion and terminal electrification

August 20, 2025

MSC Sets a New Standard for Time Off in 2025, Plus Earn a $44,345 Bonus as an Able Seaman!

August 20, 2025
Top Posts

Duties of Bosun (Boatswain) on a Ship

February 1, 2025

Sea-Doo Switch recall underway after serious safety concerns

March 2, 2025

China Fights Australia’s Plans to Reclaim Darwin Port Citing U.S. Influence

May 27, 2025

Fire-Stricken Wan Hai 503 Continues to Drift Off Indian Coast as Salvage Efforts Intensify

June 11, 2025
Don't Miss
Offshore

Ørsted preparing seabed for Hornsea Three export cable

June 2, 2025

Installation of Hornsea Three Export Cable Underway Preparation work for the installation of the Hornsea…

Pritchard-Gordon Group Enters Renewables Market with Launch of PG Renewables

February 13, 2025

UK player inks acquisition and farm-out deals for assets off Africa

March 7, 2025

GLO Marine, VMS Group Land Multi-Vessel Retrofit Job for Tidewater

April 28, 2025

Subscribe to Updates

Your Weekly Dive into Maritime & Energy News.

About Us
About Us

Stay informed with the latest in maritime, offshore, oil & gas, and energy industries. Explore news, trends, and insights shaping the global energy landscape.

For advertising inquiries, contact us at
info@maritime247.com.

Facebook X (Twitter) YouTube LinkedIn
Our Picks

TotalEnergies books Noble drillship for work in Oceania

June 9, 2025

Philippines Says Chinese Sea Gliders Were Used for Covert Mapping

April 16, 2025

American Cruise Lines Opens 2025 New England Season,

June 17, 2025

Subscribe to Updates

Your Weekly Dive into Maritime & Energy News.

© 2025 maritime247.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Advertising

Type above and press Enter to search. Press Esc to cancel.