Subscribe to RSS feedInvestors start to count cost of US$36bn box terminals bet
by
Rainbow Nelson, Buenos Aires
—
last modified
Nov 27, 2009 09:57 AM
A HUGE US$36bn of funds was poured into the ports sector between 2000 and 2007, almost half of it in 2007, an unprecedented year for investment in container terminals.
At the height of the commodities boom of 2008, buyers were paying up to 25 times earnings before interest, taxation, depreciation and amortisation to get their hands on prime port real estate, based on the premise that trade would rise...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
