Hutchison megadeal reveals dark side of container shipping
What money cannot buy
A potential deal that would have seen CMA CGM and German port operator Eurogate jointly develop a new terminal in Hamburg appears to have collapsed, according to liner analyst Alphaliner.
During the summer, it emerged that Hamburg City officials were encouraging terminal operator Eurogate to seek a partner to help it develop the Westerweiterung project, a 24 ha western expansion of its Burchardkai facility in the port.
“Industry sources now tell Alphaliner that Eurogate and CMA CGM have not been able to ...
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