COSCO in talks to acquire HHLA terminal stake

Hamburger Hafen und Logistik AG (HHLA) and COSCO SHIPPING Ports Limited (CSPL) are negotiating the purchase of a minority shareholding by CSPL in HHLA Container Terminal Tollerort GmbH (CTT), a wholly-owned subsidiary of HHLA.

CTT operates Container Terminal Tollerort, the smallest facility of the three HHLA container terminals in the Port of Hamburg, and is part of the HHLA Group’s Container segment.

HHLA has confirmed that the two sides are currently discussing the commercial and legal...

https://container-news.com/cosco-in-talks-to-acquire-hhla-terminal-stake/

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