Cosco Shipping Holdings could put a $1.5bn terminal into a US run trust to help secure competition clearance for its takeover of Orient Overseas International.
The Wall Street Journal reports the move comes amid an ongoing review of the $6.3bn takeover by the Committee on Foreign Investment in the US.
It says the possible play to place the Long Beach terminal into a trust for a year before its sale was proposed iduring a meeting last week.
