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

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

Patimban Global Gateway Terminal Selects Liebherr LHM 550

Patimban Global Gateway Terminal Selects Liebherr LHM 550

Argentinian Grain Ports Resume Normal Operations After Strike

Argentinian Grain Ports Resume Normal Operations After Strike

Tymor Marine Conducts Digital Survey Aboard Global Mercy

Tymor Marine Conducts Digital Survey Aboard Global Mercy

Subscribe for Maritime Logistics Professional E‑News

Sources say that the proposed passage of Hormuz deal is not feasible for the shipping industry
Afghan man sentenced to life imprisonment for fatal car attack at Munich union rally
Data shows that traders from South Korea shipped refined fuels to Russia in late July.