News / Cosco stake in Hamburg's CTT stirs unease over Chinese influence in ports

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Cosco Shipping Ports (CSP) has been allowed a minority stake in Germany’s Container Terminal Tollerort (CTT), one of operator HHLA’s three container terminals in the port of Hamburg.

The decision followed an investment review by the German government lasting 13 months, required for the acquisition of shares by companies from non-EU countries.

In September last year, the terminal-operating unit of state-owned China Cosco Group announced its intention to invest in CTT, tipped to be a hub for Cosco Shipping Lines’ (CSL) European services.

CSP ...