Peel Ports in venture to develop Liverpool container terminal

LONDON (Reuters) - Privately owned Peel Ports has formed a joint venture agreement with Swiss shipping line MSC's Terminal Investment Limited (TiL) to develop Liverpool's container facility.Peel Ports has already invested 400 million pounds in the Liverpool2 initiative, creating a deep-water container terminal that can receive bigger ships with the aim of boosting transatlantic trade. The company has been upgrading much of its port network, especially in northwest England, aiming to draw..