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PSA-Sech, the doubts of Aponte (MSC) on merger

Genoa - Not many words. “Very courteous and respectful in tone,” says those who saw the letter written by Gianluigi Aponte to the Port Authority of Genoa. It is the style of the founder of MSC.

Genoa - Not many words. “Very courteous and respectful in tone,” says those who saw the letter written by Gianluigi Aponte to the Port Authority of Genoa. It is the style of the founder of MSC. A few days after the announcement of the merger between the Sech and the Vte, the two main container terminals of the port of Genoa, from Geneva a letter was sent to the port president Paolo Signorini. The message is clear: the founder of MSC has serious doubts about the operation. Such an important fusion, says the shipowner born in Sorrento, should be evaluated by the Antitrust.

The union between the two Genoese terminals was led by the Psa group of Singapore and by Gip, a company formed by the Infravia and Infracapital investment funds and by the entrepreneur Giulio Schenone, who manages the Sech terminal in the historic port of Genoa. The opposition of MSC, which is now official, could compact the other Genoese terminal operators, who fear being crushed by the PSA-Sech alliance. The chess game, in the first Italian port, could have just begun.

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