COSCO seeks to expand Hamburg footprint

China’s COSCO is strengthening its foothold in northern Europe after tabling a bid to acquire an 80% stake in Hamburg-based stevedore and logistics operator Konrad Zippel.

Port of Hamburg

China’s COSCO is strengthening its foothold in northern Europe after tabling a bid to acquire an 80% stake in Hamburg-based stevedore and logistics operator Konrad Zippel.