In October this year, Cosco Shipping confirmed the acquisition of shares valued at just less than 25% in Container Terminal Tollerort in the Port of Hamburg, Germany. The company originally expected to gain a 35% stake, but the federal government decided on 24.9%.
Container Terminal Tollerort in the Port of Hamburg is considered to be important as a logistics hub. Other benefits that have been considered are the good location, water depth, efficient operations and management capabilities.
Hamburge...
https://www.ship-technology.com/analysis/china-continues-to-gain-significant-shares-in-global-ports/