Chinese shipping group Cosco Shipping also holds a stake in the container terminal. Euromax has a capacity of 4 million teu.

Taiwan(China)’s largest box operator, Evergreen, has reported net profits of $160m in 2022.

Alphaliner suggested the Taiwanese line bought its stake from Hutchison, although this could not be confirmed. Evergreen has a huge orderbook of 840,000 teu, including ultra-large vessels.