Cosco: State shipping giant eyes Hamburg freight forwarder - China.Table

According to Frans-Paul van der Putten, Senior Research Associate at the Clingendael Institute, Cosco is sending a clear signal. Its interest in Zippel indicates that Chinese companies want to expand their involvement in European logistics – despite ongoing trade and geopolitical tensions between the EU and China and stricter EU scrutiny of Chinese investments in European seaports, he told Table.Briefings. "After China Merchants' acquisition of KLG Europe, based in the Netherlands, in 2019, this would be another major investment by a Chinese state-owned enterprise in the hinterland transport of ports in northwestern Europe."

Article by Julia Fiedler. Click here to go to the website of Table Media. The German version of the website is available here.