News / Cosco in talks with HHLA over investment in Hamburg terminal CTT

Photo: HHLA/Thies Rätzke

Hamburg terminal operator HHLA has confirmed it has begun talks with Chinese counterpart Cosco Shipping Ports over the sale of a minority stake in its Container Terminal Tollerort (CTT) operation.

If the negotiations are successful, it would represent the first time a non-German operator has bought into the country’s main container gateway.

CTT is the smallest of HHLA’s deepsea terminals – alongside its flagship Burchardkai facility and semi-automated Alternwerder terminal – operating four berths across just over 1km of quay and a ...