Shandong Landbridge Group, owner of Darwin Port, is in financial trouble, prompting a government review of its lease rights.

Shandong Landbridge Group, which owns Darwin Port in Australia, is facing financial difficulties and is trying to sell assets to reduce debt. This has raised concerns among the Northern Territory government, which has asked for more information about the company's financial health and is reviewing its rights in the matter. The situation could potentially impact the port's operations and the government's 99-year lease with Landbridge.

November 27, 2024
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