Mercator Assists Macquarie-led Consortium in Major Container Port Acquisition

Mercator Assists Macquarie-led Consortium in Major Container Port Acquisition

Mercator International LLC served as the commercial and operational advisor to the consortium led by Macquarie Infrastructure and Real Assets (MIRA) on its successful USD 1.78bn acquisition of the Long Beach Container Terminal (LBCT) concession from OOIL and COSCO.

LBCT is one of the largest container terminals at the Ports of Long Beach and Los Angeles, the busiest container port in the U.S.   LBCT’s annual throughput capacity is now 2 million TEUs, growing to more than 3.3 million TEUs by 2021, after completion of its final phase of development, which is underway.

Mercator’s work for MIRA included the development of container volume forecasts, analysis of container liner services calling at San Pedro Bay, assessment of LBCT’s competitive infrastructure position, pricing and revenue analyses, and an assessment of terminal productivity and intermodal rail operations.

Mercator is the trusted, independent, and experienced advisor to stakeholders across the transportation sector, and has provided transaction advisory services on transportation assets around the globe, including over 85 container terminals for more than 30 infrastructure investment funds, pension funds, and sovereign wealth funds.