Cosco in talks with HHLA over investment in Hamburg terminal CTT

Hamburg terminal operator HHLA has confirmed it has begun talks with Chinese counterpart Cosco Shipping Ports over the sale of a minority stake in its Container Terminal Tollerort (CTT) operation.
If the negotiations are successful, it would represent the first time a non-German operator has bought into the country’s main container gateway.
CTT is the smallest of HHLA’s deepsea terminals – alongside its flagship Burchardkai facility and semi-automated Alternwerder terminal – operating …

The post Cosco in talks with HHLA over investment in Hamburg terminal CTT appeared first on The Loadstar.

Source: The Loadstar

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