Marinas Yachting

Terminal Investment Limited (TIL), a subsidiary of MSC Mediterranean Shipping Company, is pleased to confirm the acquisition of Hanjin’s interests in Total Terminals International.

The acquisition includes all of Hanjin’s equity interests and shareholder loans, in both TTI and the associated terminal equipment leasing company, Hanjin TEC Inc.

TIL has completed the acquisition in conjunction with Hyundai Merchant Marine (HMM). The new ownership structure sees TIL assume an 80% stake, with HMM having the remaining 20%.