COSCO Shipping Ports (CSPL), part of the Shanghai-based COSCO Shipping Group, will take a 35% share in Container Terminal Tollerort (CTT) operated by Hamburger Hafen und Logistik (HHLA).
According to the terminal operator, the completion of the £300m investment will "coincide with the delivery of a new wave of 24,000 TEU vessels in 2023/2024, which will all be operated between Asia and Europe."
After six years of work, the EU co-financed €863m-worth project was finished, enlarging the Port Boulogne Calais with an entirely new harbour for next-gen ferry traffic.
As of September 6, the company's trains will run between DUSS-Terminal Duisburg Ruhrort Hafen and Terminal Intermodale Milano Segrate six instead of five times per week.
With the help of Helrom Trailer Rail, the connection, which had been tested since August 2020, has become a regular one, offering three roundtrips per week.
The Turku-headquartered company has signed contracts with China Merchants Jinling Shipyard (Weihai) for the complete basic and detail design packages of three Stena E-Flexer ferries, nos. 10-12.
Beijing Trans Eurasia International Logistics and Bahnoperator have launched an eastbound block train service that routes shipments from Europe to Dalian in China for onward shipping by sea to South Korea and Japan.