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 …
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