A floatation could be on the cards for French liner giant CMA CGM following a $500m cash injection from Turkey's Yildirim Group.
The Jacques Saade-led owner could also choose to buy out the new business partner at the end of an agreed five-year investment period if not before that.
Marseilles-based CMA CGM announced on Thursday that Yildirim had come up with the huge investment in return for five-year convertible bonds and a 20% slice of the boxship owner.
