Day: February 20, 2013

CMA CGM Sells Stake in Ports Unit to China Merchants

Feb 20, 2013

French ocean carrier CMA CGM has agreed to sell a 49 percent stake in its Terminal Link ports unit to China Merchants Holdings for 400 million euros ($540 million). The companies said they expect to close on the deal, which is...

Mark Wilson to take reins at Port of Kalama

Feb 20, 2013

Saying they already had the perfect candidate in front of them, Port of Kalama Commissioners promoted longtime employee Mark Wilson to port executive director Wednesday. He will replace Lanny Cawley, who is retiring March 31....