(Reuters) - French IT company Atos said on Monday it had secured funding of 1.675 billion euros ($1.82 billion) to restructure its debt through a lock-up agreement with a group of banks and bondholders, accounting for more than 50% of its creditors.
KOTA KINABALU: Two areas in Likas Bay here have been identified as temporary sites to increase storage space amid severe congestion at the Sepangar Bay Container Port .
“The government through the Sabah Ports Authority has offered assistance by providing 2.5ha of land at Tanjung Lipat, Likas for temporary use in RoRo operations as an interim measure to mitigate current constraints," he said in a statement on Monday . "Our key focus is to improve ship turnaround time and free up yard space by streamlining container handling processes.
Sabah Sepangar Bay Container Port SBCP Congestion Short-Term Storage Alternative Sites Likas Bay Ng Kiat Min Shipping Lines Surcharge
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