Blackstone Invests in Terminal Operator Carrix

March 11, 2019

File image: credit OPDR
File image: credit OPDR

U.S. investment firm Blackstone Group LP said on Sunday that funds affiliated with Blackstone Infrastructure Partners invested in Carrix Inc, the largest marine terminal operator in the United States and the Americas.

The company did not disclose the terms of the transaction.

Carrix is the parent of SSA Marine and its related affiliates with operations at over 250 port and rail locations worldwide, including 16 container terminals in Long Beach and Oakland in California, Seattle and Tacoma in Washington, Panama, Mexico, Chile, Colombia and Vietnam.

Blackstone said it expects the transaction to close by the end of April. (Reporting by Scott DiSavino

Logistics News

Ship Design, Maritime Accidents and There’s a Master on the Run

Ship Design, Maritime Accidents and There’s a Master on the Run

Maersk: Effective US Tariffs Average Around 21% Currently

Maersk: Effective US Tariffs Average Around 21% Currently

US Grain Shipments Surge 9% in face of Chinese Tariffs

US Grain Shipments Surge 9% in face of Chinese Tariffs

Great Lakes Limestone Trade Up in June

Great Lakes Limestone Trade Up in June

Subscribe for Maritime Logistics Professional E‑News

CANADA-CRUDE-Discount on Western Canada Select unchanged
The discount on Russian Urals oil sent to India has been the lowest since 2022.
Mayor of Moscow: Russian air defences shot down four drones heading for Moscow