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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

Russian Wheat Export Costs Rise, Increased Shipments Buffer Domestic Price Drop

Russian Wheat Export Costs Rise, Increased Shipments Buffer Domestic Price Drop

Baltic Index Reaches More Than Seven Week Low

Baltic Index Reaches More Than Seven Week Low

Paris Wheat Rises As Algerian Purchases Tender, Hope of Black Sea Peace Fades

Paris Wheat Rises As Algerian Purchases Tender, Hope of Black Sea Peace Fades

Saudi Arabia Looks to Raise Pipeline Export Capacity by 10 Million BDP

Saudi Arabia Looks to Raise Pipeline Export Capacity by 10 Million BDP

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