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Tag Archives: Long Beach Container Terminal

Macquarie buys Long Beach Container Terminal from OOCL for $1.78 billion

PortandTerminal.com, April 30, 2019 Long Beach, CA – Cosco’s Orient Overseas (International) Limited announced its sale of Long Beach Container Terminal (LBCT) to a consortium led by Macquarie Infrastructure Partners on Tuesday for $1.78 Billion. The sale is following the National Security Agreement entered into by OOIL and its partners with the U.S. Department of Homeland Security and U.S. Department …

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Yilport in talks for $2 billion California terminal deal

PortandTerminal.com, March 22, 2019 Long Beach, CA – Turkey’s Yilport Holding is in advanced talks to buy Long Beach Container Terminal (LBCT), a deal that would value the facility at close to $2 billion, according to a report by Bloomberg yesterday. Cosco is selling Long Beach facility to appease regulators Container terminal ownership at the Port of Long Beach: COSCO …

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