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© HHLA / Thies Rätzke

COSCO to acquire 24.9% stake in Hamburg Container Terminal

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Hamburg, Germany (Ports Europe) May 11, 2023 – The German government has approved for China’s state-owned COSCO SHIPPING Ports Ltd to acquire a 24.9% stake in the Container Terminal Tollerort (CTT), owned by Hamburger Hafen und Logistik AG (HHLA). This acquisition will proceed despite the terminal being classified as “critical infrastructure” by the government. In…

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