Germany greenlights Cosco investment in Hamburg despite security concerns
Cosco’s stake in Container Terminal Tollerort was reduced from the initial 35% to 24.9%
Cosco Shipping Ports receives final approval to buy a minority shareholding in Container Terminal Tollerort from Hamburger Hafen und Logistik. The decision faced a hard pushback because of national security concerns but had been welcomed by the domestic port operator, with CTT the preferred handling location for Cosco