Hamburger Hafen und Logistik AG (HHLA) and COSCO SHIPPING Ports Limited (CSPL) are negotiating the purchase of a minority shareholding by CSPL in HHLA Container Terminal Tollerort GmbH (CTT), a wholly-owned subsidiary of HHLA.
CTT operates Container Terminal Tollerort, the smallest facility of the three HHLA container terminals in the Port of Hamburg, and is part of the HHLA Group’s Container segment.
HHLA has confirmed that the two sides are currently discussing the commercial and legal cornerstones of the potential strategic participation.
It is important to note that the potential cooperation between the two companies would represent the first time a non-German operator has been involved in HHLA, the country’s major container gateway.
THE Iron Lady barge had a tight fit under the Forth bridges yesterday (Thursday) morning. Photos from local photographer Gordon Hamilton showcases the barge and its cargo of a topside drilling platform departing from the Port of Rosyth and passing beneath the iconic bridges. The Iron Lady had been berthed at the Port of Rosyth since its arrival on April 11 before departing for Energy Park Fife in Methil where its cargo will be unloaded prior to its decommissioning. The Iron Lady was towed by three of Forth Ports-owned tugs. What happened in April? Onlookers on both the north and south banks of the Forth Estuary were treated to a spectacular as one of the most remarkable marine operations ever undertaken on the river unfolded before their eyes.
Investegate announcements from Hamburger Hafen und Logistik A, HHLA and COSCO SHIPPING Ports Limited negotiating strategic minority shareholding in Container Terminal Tollerort
Port of Tilbury flood defence gates project
Construction work progresses on £34 million scheme.
From:
3 June 2021 Pictured left to right are Helena Henao-Fernandez, Team 2100 Deputy Programme Director, Environment Agency; Paul Dale, Asset & Site Director, the Port of Tilbury; Alex Gentleman, Balfour Beatty; Mark Johnson, Area Flood and Coastal Risk Manager, Environment Agency; John Curtin, Executive Director for Local Operations, Environment Agency; Adrian Kilburn, Balfour Beatty, and David Housden, Head of Engineering and Procurement, the Port of Tilbury.
Work is progressing on this project of national importance to install new dual function lock gates on the Thames Estuary in Tilbury.
The £34 million scheme is a project between the Environment Agency and the Port of Tilbury that will better protect thousands of homes and businesses in the local area from flooding.