More news from Company News

Takeover

Regulator signs off Cosco acquisition of German Hinterland specialist Zippel

China’s state-owned carrier Cosco has been authorised to take an eighty per cent stake in Hamburg forwarder Konrad Zippel after Germany’s Federal Cartel Office found no competition concerns. President Andreas Mundt said foreign‑trade and security…
Consolidation

Hapag-Lloyd to acquire Zim as labour unrest widens

The German container line Hapag-Lloyd has agreed to acquire Israeli carrier Zim for 4.2 billion US dollars, reinforcing its position as the world’s fifth-largest container line and expanding its presence in key trades. The German carrier will pay 35…
Company News

Eurogate and APM prepare extensive upgrade in Bremerhaven

A 1 billion euro upgrade at Bremerhaven’s North Sea Terminal is being put forward by Eurogate and APM Terminals. The project would increase annual capacity from 3 million to 4 million TEU and is based on the design principles of the largely automated…
Company News

Busiest container terminal at New York port reportedly for sale

Maher Terminals, the largest container facility by volume at the Port of New York and New Jersey, is being prepared for sale, according to the Wall Street Journal. It is the only one of the port’s five main terminals not under carrier control. The…
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