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
  • Industry Partners Complete STS Ammonia Bunkering Pilot off Western Australia
  • Emotional and Mental Assistance for MOL Seafarers Worldwide
  • Hereon: Offshore hydrogen production affects the North Sea
  • North Korea Restores Damaged Warship, Plans Two More Next Year
  • Nova Innovation secures triple ISO certification for management systems
  • Fourfold production uptick for DNO’s North Sea oil & gas business after Sval buy
  • Learning from Ukraine, Taiwan Looks to Sea Drones to Counter China
  • Australian professor makes ‘Google Maps for the sea’ claim in bid to cut shipping emissions
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  Final Construction Permits Issued for First Gulf Coast LNG Bunker Port

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

Legal Action Initiated Against MSC Elsa 3 Owner and Crew Following Kerala Sinking

June 12, 2025

German firm pens 10-year gas deal with Azerbaijan’s SOCAR

June 11, 2025

Israel Tells Citizens to Evacuate Houthi-Controlled Ports in Yemen

June 10, 2025
Top Posts

Duties of Bosun (Boatswain) on a Ship

February 1, 2025

Tallest Lighthouse Still in Operation at Sea

May 30, 2025

Top 10 Biggest RORO Ships In The World

February 15, 2025

Denmark awards first-ever offshore wind farm life extension permit

June 4, 2025
Don't Miss
Maritime

Salvors Approach the End of Fuel Removal for Lost Survey Ship Manawanui

February 7, 2025

Salvage Operation Recovers Fuel from Sunken HMNZS Manawanui Salvors hired by the New Zealand Defence…

Höegh Autoliners behind groundbreaking ship upcycling project in Norway

June 4, 2025

German FSRU Operator Cancels Charter, Citing “Ruinous” Gov’t Competition

February 12, 2025

NYK Becomes Co-Owner of N-O-G as it Eyes Offshore Wind Growth

February 18, 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

What Are Survey Ships?

December 23, 2024

Solstad Offshore Secures Petrobras Contracts for Three Vessels

April 30, 2025

CMA CGM welcomes first boxship flying Indian flag at Nhava Sheva container terminal

April 28, 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.