HHLA’s Container Terminal Tollerort becomes preferred hub for COSCO services

COSCO Shipping Ports Limited (CSPL) has taken on a 35% minority share in the Hamburger Hafen und Logistik AG (HHLA) Container Terminal Tollerort (CTT).

HHLA expects the participation to strengthen the relationship with its Chinese partner, as well as long-term planning security for CTT and secured capacity and employment in the Port of Hamburg.

Angela Titzrath, chairwoman of HHLA’s executive board, said: “The maritime world is currently facing intense changes. Long-term, trusting customer relationships – like the ones HHLA has tended to for over 40 years in trade with China – are that much more important now.