RESEND: Cameron Partners to examine funding options for ContainerCo

Mon, 04 Jul 2016

(Fixes description of company in 1st paragraph) By Paul McBeth July 4 (BusinessDesk) - ContainerCo (NZL), the container depot operator, has hired investment bankers Cameron Partners for advice on how to fund expansion as shipping volumes grow. Auckland-based ContainerCo is 50 percent-owned by the New Zealand arm of COSCO, a subsidiary of shipping giant China Ocean Shipping (Group) Co. The company says it will need extra investment to cater for a growing number of container movements, which it says is putting pressure on port facilit...

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