COSCO will not own the port of Hamburg, HHLA guarantees
COSCO is about to finalise the acquisition of 35 per cent shares of the Container Terminal Tollerort (CTT), managed by HHLA. This procedure has been worrying the German federal government, which is assessing whether COSCO’s participation in the CTT poses a national security risk. HHLA has reassured the public by stating that COSCO will not take over either the port of Hamburg or HHLA.
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