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New investors for Grup Maritim TCB

New investors for Grup Maritim TCB

TCB is Spain’s leading maritime operator. It has a total of 12 terminals worldwide, eight in Spain and one each in Brazil, Mexico, Cuba and Colombia. In 2006 it handled more than 3m teu, and in 2007 it expects this to rise to 3.3m teu.

Set up in 2000, the company is based at Barcelona Container Terminal, which currently represents 35% of its overall business. Its board recently decided to expand the company’s geographical scope to new markets with large growth potential, such as emerging countries in Southeast Asia and Oceania.

QIC is one of the five top institutional pension funds in Australia, with a turnover last year of A$57bn. As a member of various consortiums, the company has a number of investments relating to container terminals, which it will now pass on to Grup Maritim TCB.

Finpro is a holding company with investments in infrastructure projects, including airports, motorways, energy and health. Its main shareholders are Rentipar, Amorim, Caixa General de Depositos and the Portuguese Social Security. It has undertaken investments in the UK, Italy, Australia, Spain and Portugal, the most recent of which are Cory Environmental Ltd and Thames Water (both UK).

In the meantime, TCB is to install three new gantry cranes at its Muelle Sur terminal in Barcelona at the end of September. The super post-Panamax cranes, purchased from ZPMC, will be able to handle ships 22 containers long. They are currently on their way from ZPMC’s facilities in Shanghai and are expected to arrive in Barcelona in the first half of the month.