A consortium comprising shipping line MSC’s Terminal Investment Limited (Til) arm and US investment fund BlackRock-TiL is to acquire an 80% stake in a clutch of 43 ports worldwide from Hong Kong’s CK Hutchison, including Felixstowe, the UK’s main container hub. 

 

The $22.8 billion deal covers CK Hutchison’s entire 80% stake in Hutchison Port Holdings including ports and terminals in 23 countries worldwide. In the UK, the ports of Felixstowe, Harwich and Thamesport are included in the deal, along with Hutchison’s major terminal operations in Europe including Rotterdam. 

 

Click on the below link to read more. 

 

https://bifa.org/2025/03/06/hutchison-to-sell-port-of-felixstowe/ 

 

Freeport East has received final Government approvals allowing it to move forward into the delivery phase. 

 

The development of the Freeport, which is expected to create up to 13,500 new jobs, will be boosted by £25 million in Government funding to support infrastructure enhancement. 

 

https://www.multimodal.org.uk/index.php?option=com_content&view=article&id=242:freeport-east-receives-final-government-approval&catid=8:news&utm_source=feedotter&utm_medium=email&utm_campaign=FO-01-13-2023&utm_content=httpswwwmultimodalorgukindexphpoptioncomcontentviewarticleid242freeporteastreceivesfinalgovernmentapprovalcatid8news 

 

Most firms still do not have a full understanding of how UK freeports will operate and be governed, several months after eight winning bids were announced for the new economic zones, a survey of UK businesses has found. 

 

Click on the below link to read more. 

 

https://www.lloydsloadinglist.com/freight-directory/news/Confusion-over-UK-freeports-plans-survey-finds/79490.htm?cl=article_2&elqTrack=true&mc_cid=bc6c1d3196&mc_eid=bb81110dd5#.YO3HYOhKiUk