Hamburg News

 

Cosco Finalizes Hamburg Port Investment

Jun 19, 2023

HHLA and Chinese shipping firm Cosco finalized an agreement allowing the Chinese shipping firm to take a 24.99% stake in one of HHLA's three terminals in the Hamburg port, the German logistics firm said on Monday.HHLA said in a statement that the approval process by the German government had been completed. Chancellor Olaf Scholz in October had pushed through a decision to let Cosco buy a 24.9% stake in the terminal - less than an initially planned 35% stake…

Logistics News

BIMCO Adopts Biofuel Clause to Address Shipping Industry Challenges

BIMCO Adopts Biofuel Clause to Address Shipping Industry Challenges

Shipping Costs Spike Amidst Iran War Anxiety

Shipping Costs Spike Amidst Iran War Anxiety

Ammonia-Fueled Vessel Delivered to EXMAR

Ammonia-Fueled Vessel Delivered to EXMAR

China Oil Imports Collapse; Down 29%

China Oil Imports Collapse; Down 29%

Subscribe for Maritime Logistics Professional E‑News

Three more LNG tanks leave Strait of Hormuz
Air India crash report delayed due to unfinished engine examination, Bloomberg News reports
Iran is seeking funds as US negotiations edge towards an interim agreement, sources say