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Yildirim blames failed LBCT bid on geopolitics

The Turkish entrepreneur says forces beyond his control thwarted Yilport's US port expansion plans, leaving him upset and angry at the decision to award the concession to Macquarie

Macquarie and Yilport offered virtually the same price for the Long Beach terminal concession, but Mr Yildirim believes China's Cosco Shipping favoured the Australian bid in recognition of the two countries' bilateral interests in the regional bulk trades

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