Germany approves COSCO investment in Hamburg container terminal

The German government has finally approved the acquisition of a minority stake in Container Terminal Tollerort (CTT) by COSCO Shipping Ports. The Chinese port operator will buy the 24.9% shareholding in the Hamburg port’s box terminal from the German major port and terminal operator Hamburger Hafen und Logistik AG (HHLA), which has welcomed the decision … Continue reading Germany approves COSCO investment in Hamburg container terminal