Evergreen buys Panama Terminal for $268 million

According to the latest news from YCD, Evergreen Shipping, the world’s sixth largest shipping company, has acquired the entire stake in Panama Terminals to strengthen its business in the Americas and improve its competitive advantage. Evergreen has acquired a 100% stake in Colon Container Terminal SA (CCT) for $268 million from its affiliate, Hsieh Huey-chuan, …