Cargo chaos in the Gulf as congestion at Jeddah hobbles land bridge
Hapag-Lloyd has suspended bookings into Jeddah, amid surging congestion brought on by a shift to ...
The news that German terminal operator Eurogate has agreed to sell 20% of its flagship Hamburg terminal CTH is significant on a variety of fronts, including paving the way for a possible future takeover of Eurogate by its new partner.
Under the terms of deal disclosed this week, Hapag-Lloyd’s terminal operating subsidiary Hanseatic Global Terminals (HGT) is set to acquire a 20% stake in CTH, and will likely join CMA CGM as a shareholder in the facility, after it similarly agreed ...
Comment on this article