OOIL completes $1.78bn Long Beach terminal sale
The long-awaited transaction was completed on October 24 after several delays. OOIL is expected to bag net proceeds of $1.3bn, which may be used for fleet expansion, a senior executive said earlier
Macquarie emerged from the other bidders, including EQT Infrastructure and Yildirim Group, as the winner of the terminal assets in April this year