News
Chinese shipping company Cosco Shipping is taking a 35 percent stake in a Hamburg container terminal. The Hanseatic city welcomes this investment as a strengthening of Hamburg's role as a transport hub. For the terminal operator HHLA, the investment means planning security and the possibility of a strategic partnership.
By Christiane Kuehl
The port of Shenzhen is experiencing a double traffic jam after a small COVID-19 outbreak: inside, goods are piling up; outside, freighters are waiting to dock. The consequences for logistics are felt around the globe. Industrial goods are arriving too late in the target markets, and prices are rising. Meanwhile, the Ifo Institute is proposing a simple countermeasure.
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