Tide Turns Following Threat To Leave Manta

摘要

Terminates Internationales de Ecuador (Tide) is reported to be in talks with the Ecuadorian government following the operator's announcement it will withdraw from the concession agreement to run box handling facilities at the port of Manta in Ecuador. Local news reports in Ecuador said that Tide and the government were in negotiations that could see the operator continue working at Manta. Local sources told Cargo Systems that Hutchison is making changes to Tide's management that could pave the way for reconciliation between the parties. The subsidiary of Hutchison Port Holdings had earlier said in a statement that its decision to withdraw was "on the ground that there are changes in the concession agreement, unilaterally imposed by the Ecuadorian government, which Tide finds unacceptable".