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Construction : Transport Update | January 2016 | Source : CW-India

Port of Antwerp sells stake in Essar Ports

Port of Antwerp has ended its financial interest in Indian port operator, Essar Ports (EPL), after Essar Group bought out the Belgian port´s financial stake. Port of Antwerp International (PAI), the consulting and investment subsidiary of Port of Antwerp, set up its alliance with EPL in 2012 with an accompanying investment of -Ç25 mn. This has now been repaid, as well as a capital gain of -Ç6.9 mn.
Contact: Port of Antwerp.
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