Cosco Completes Acquisition of Stake in Hamburg Terminal
newscatcher
2023-06-22 18:31
Cosco Completes Acquisition of Stake in Hamburg Terminal
What's new: China Cosco Shipping Corp. Ltd. completed its purchase of a minority stake in a container terminal at Hamburg port, the state-owned shipping giant said Wednesday. Cosco's unit Cosco Shipping Ports Ltd. bought 24.99% of the Tollerort terminal (CTT), one of the three large container terminals at Hamburg port operated by port logistics company Hamburger Hafen und Logistik (HHLA).

https://www.caixinglobal.com/2023-06-23/cosco-completes-acquisition-of-stake-in-hamburg-terminal-102068410.html

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