News / HHLA buys majority stake in new container terminal at port of Trieste

default

Hamburg-based container terminal operator HHLA is set to enter the Italian market, agreeing to buy a majority stake in the under-development Piattaforma Logistica Trieste (PLT) terminal in the port of Trieste.

HHLA will acquire 50.1% of PLT’s share capital in a deal expected to close in January that will likely coincide with the launch of terminal operations.

New quays have been constructed at the 28ha site, which will enable it to handle container and ro-ro vessels and offer an annual handling capacity ...