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Cosco stake in Hamburg: Deal has still not been closed

Cosco container behemoth during a berthing maneuver at the Tollerort terminal: The company’s stake is still pending.
The acquisition of a stake in the Hamburg container terminal Tollerort by the Chinese Cosco Group has not yet been sealed, even after the decision deadline has expired. Talks about details are still ongoing behind closed doors.
By
Christiane Kühl
Image of Christiane Kühl

The deal should originally have been closed by New Year’s Eve. But even after the contractual deadline expired on December 31, 2022, it is still uncertain whether China’s state-owned Cosco will invest in the Hamburg Container Terminal Tollerort (CTT) or not.

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