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Cosco buys into Red Sea Gateway Terminal

China’s Cosco Shipping Ports (CSPL) has entered into an agreement with shareholders of Saudi Arabia’s Red Sea Gateway Terminal (RSGT) to acquire a 20% stake in the terminal for a price of $140m. Saudi Arabia’s Public Investment Fund (PIF) has also acquired 20% of the terminal for the same price. Red Sea Gateway Terminal is the …

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China’s Cosco Shipping Ports (CSPL) has entered into an agreement with shareholders of Saudi Arabia’s Red Sea Gateway Terminal (RSGT) to acquire a 20% stake in the terminal for a price of $140m. Saudi Arabia’s Public Investment Fund (PIF) has also acquired 20% of the terminal for the same price. Red Sea Gateway Terminal is the …

[post_title] => Cosco buys into Red Sea Gateway Terminal [post_excerpt] => China’s Cosco Shipping Ports (CSPL) has entered into an agreement with shareholders of Saudi Arabia’s Red Sea Gateway Terminal (RSGT) to acquire a 20% stake in the terminal for a price of $140m. Saudi Arabia’s Public Investment F... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => cosco-buys-into-red-sea-gateway-terminal [to_ping] => [pinged] => [post_modified] => 2021-01-28 04:22:56 [post_modified_gmt] => 2021-01-28 04:22:56 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=135280 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )