German government considering smaller stake for COSCO in Hamburg CTT deal
2022-10-26 06:34

German government considering smaller stake for COSCO in Hamburg CTT deal

"The German Federal Government may allow maritime giant COSCO to buy a smaller stake in Hamburg’s Container Tollerort Terminal (CTT) to push the deal through. Reuters reported that a potential sale of 24.9 per cent could go ahead between operator Hamburger Hafen und Logistik AG’s (HHLA) CTT and COSCO Shipping Ports Ltd (CSPL) – however German officials remain uncertain over the deal." See the original story at Port Technology.

Source: Port Technology