CSX World Terminals sale moves forward

THE SALE of CSX World Terminals has pulled in a host of aspirant buyers, said to be offering between
$1-$1.2bn.
According to Lloyds List, parent CSX Corp has stipulated that it wants to offload all its terminals to just one bidder and not to sell off individual parts of the operation, which stretches across four continents.
The new owner is expected to be announced before the end of the year.
CSX was among the aspirant bidders for concessioning of the Durban Container Terminal