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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

Gulf Oil Producers Build Tanker Fleet as Security Risks Mount Around Hormuz

Gulf Oil Producers Build Tanker Fleet as Security Risks Mount Around Hormuz

Russia Extends Diesel Export Ban Until Year End

Russia Extends Diesel Export Ban Until Year End

Dockworkers Strike Against Arms Shipments at More Than 100 Ports Globally

Dockworkers Strike Against Arms Shipments at More Than 100 Ports Globally

NorthPort Receives Four New Hybrid RTG Cranes

NorthPort Receives Four New Hybrid RTG Cranes

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