German port and terminal operator Hamburger Hafen und Logistik AG (HHLA) is still in the ongoing process of obtaining the necessary investment law approval, while it is not aware of any rejection by six federal ministries, regarding the potential acquisition of shares in HHLA container terminal by COSCO.
In particular, COSCO Shipping Port Limited (CSPL) is expected to acquire a maximum of 35% of the shares of the HHLA subsidiary Container Terminal Tollerort GmbH (CTT), if the investment gets the...
https://container-news.com/port-of-hamburg-will-not-be-sold-to-china-said-hhla-spokesman/