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

VLCC Charter Rates Soar - “We are in unprecedented times" say CEO

VLCC Charter Rates Soar - “We are in unprecedented times" say CEO

MV Isle of Islay Begins Maiden Voyage to Scotland

MV Isle of Islay Begins Maiden Voyage to Scotland

Port of Los Angeles Selects Pacific Cruise Terminals Developer, Operator of Two Cruise Centers

Port of Los Angeles Selects Pacific Cruise Terminals Developer, Operator of Two Cruise Centers

Associated Terminals takes a Pair of All-Electric Cranes

Associated Terminals takes a Pair of All-Electric Cranes

Subscribe for Maritime Logistics Professional E‑News

Politico reports that the Trump administration is considering a naval blockade against Cuba to stop its oil imports.
Kyiv Zoo fights to keep the animals warm while city suffers power outage
Adani Group firms lose $12.5 billion in market capitalization after SEC requests court approval to serve summons