APM Terminals has agreed to sell its 20 per cent equity interest in Qasim International Container Terminal Pakistan Limited (QICT), located in Karachi, to DP World.
DP World is currently the operator and majority shareholder of the facility. The sale price and terms of the deal were not disclosed in the company statement.
APM Terminals, with corporate headquarters in The Hague, owns and operates more than 50 container terminals globally, serving approximately 60 container shipping lines around the world.
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