Goldman Sachs takes 30% stake in Petlim container port

Petlim container port: Goldman Sachs has signed a preliminary agreement with the Turkish arm of Azerbaijan’s state-run SOCAR oil company to buy a 30% stake in the Petlim container port. The port is run by SOCAR’s Petkim subsidiary, and the deal will help it turn Petlim into the biggest port of its kind in the Aegean.