Comment / HHLA, MSC, Hapag et al – 'mutually assured destruction'?

Illustration 193419840 © Vyychan | Dreamstime.com

We signed off one of our recent columns on HHLA with the words “The rest is politics…” and we were pleasantly right, but only to a limited extent.

Because it turns out that there’s an awful lot going on with that rest.

Moving parts

Studying the disclosed agreement between the city of Hamburg and MSC, with the carrier poised to take a 49.9% stake in HHLA, is a bit like looking at an Escher lithograph – the longer you look, the less you ...