A ship approaches the port of Paranagua in Brazil. The port has an annual capacity of 1.5 million TEUs. Photo: AP
A ship approaches the port of Paranagua in Brazil. The port has an annual capacity of 1.5 million TEUs. Photo: AP
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Business /  Companies

update | China Merchants Port to buy Brazil’s second largest container port for US$920 million

The deal is China Merchants Port’s second major investment in three months

Alun John
Alun John

Updated: 11:16pm, 4 Sep, 2017

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A ship approaches the port of Paranagua in Brazil. The port has an annual capacity of 1.5 million TEUs. Photo: AP
A ship approaches the port of Paranagua in Brazil. The port has an annual capacity of 1.5 million TEUs. Photo: AP
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