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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

Russia Strikes Five Vessels in Ports Along Ukrainian Black Sea

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Russian Oil Freight Rates Spike On Security Risks, Vessel Availability

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RSGT, CMA CGM Announce $434m to Develop New Container Terminal at Jeddah Islamic Port

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