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01 June 2020 The on-line newspaper devoted to the world of transports 09:21 GMT+2

March 15, 2019

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Contship Italy confirmation the start of negotiates with MSC for the cession of the entire control of terminal MCT of Gioia Tauro

Named a law firm that will assist it in the negotiation and chosen a advisor financial independent

The terminalista group Contship Italy has confirmed the start of negotiates for the cession to the shipowning group Mediterranean Shipping Company (MSC) of 50% of CSM Italy Gate Spa, society that controls Medcenter Container Terminal Spa (MCT), concessionary company of the activities of the terminal container in the port of Gioia Tauro of which MSC she is already partner and main customer. As a result of the decision of the terminalista group to yield the entire control of the calabrian terminal to the MSC the minister of Infrastructures and the Transports, Danilo Toninelli, had yesterday announced the suspension of the procedure of forfeiture of the contract of concession with MCT(on 14 March 2019).

Contship Italy has specified that, to the aim to accelerate the times, it has named the law firm that will assist it in the negotiation and chosen a advisor financial independent, which the assignment is given to express the correct appraisal of the participation object of negotiates. Moreover the Italian terminalista group, that it is participated to 66.6% from the Eurokai German and to 33.4% from the Eurogate German (in its turn participated to 50% from the same Eurokai), has emphasized that, "in the blackberries of the negotiation, the activity of the terminal container of Gioia Tauro will continue to being perfectly operating".

Contship Italy, remembering to have launch the terminal MCT that manages gives beyond 24 years, has asserted in a note that "it will have cure that are safeguarded the occupational levels, so as to preserve the value and the competitiveness of the greatest Italian terminalistica structure. An industrial truth that covers a role of absolute importance for the economy of the territory and the entire meridione".

The group Contship Italy, besides the terminal MCT, work terminalistiche activities in Italy through participation of control in La Spezia Container Terminal (LSCT) of the port of and in the Cagliari International Container Terminal (CICT) of the port of Cagliari and through participation of minority in the Terminal Container Ravenna (TCR) of the port of Ravenna and in Salerno Container Terminal (SCT) of the port of Salerno. Moreover the group work in the intermodal field mainly through the societies integrally controlled Sogemar, Hannibal and Oceanogate Italy.

Salerno Container Terminal

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