Container Terminal Tollerort (CTT)

HHLA, COSCO close to finalising deal on CTT investment

A spokesperson of Hamburger Hafen und Logistik AG (HHLA) has confirmed that the German port operator and COSCO SHIPPING Ports Ltd (CSPL) are close to finalising the agreement for an investment in Container Terminal Tollerort (CTT).

“We can confirm that in objective, constructive talks between HHLA, CSPL and the Federal Ministry for Economic Affairs and Climate Action, it has been possible to agree on concrete conditions for CSPL’s participation in HHLA Container Terminal Tollerort GmbH,” said...

https://container-news.com/hhla-cosco-close-to-finalising-deal-on-ctt-investment/

German government approves COSCO’s investment in Hamburg container terminal

The German government has approved the acquisition of a minority stake of less than 25% in the operating company HHLA Container Terminal Tollerort GmbH (CTT) by the Chinese company COSCO Shipping Port Limited (CSPL).

“Following the necessary investment review as required for the acquisition of shares by companies from non-European Union countries, we now have a result that strengthens HHLA’s future viability and secures jobs in the Port of Hamburg. We want to continue to successfully develop the...

https://container-news.com/german-government-approves-coscos-investment-in-hhla-container-terminal-tollerort/

“Port of Hamburg will not be sold to China,” said HHLA spokesman

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/

Container Terminal Tollerort: HHLA puts first hybrid straddle carriers of the Port of Hamburg into operation

New energy-saving, low-emission technology at the Port of Hamburg: two straddle carriers with environmentally friendly hybrid engines are now transporting containers between the ship, the yard, the rail terminal and the truck gate at the HHLA Container Terminal Tollerort (CTT). The two prototypes are expected to use at least 15 percent less diesel than their predecessors. This will significantly reduce emissions of CO2, nitric oxide and particulate matter.

The principle behind the hybrid...

http://container-news.com/container-terminal-tollerort/