COSCO acquires stakes of 12.5% in TLT and 30% in HLT
NewsCOSCO SHIPPING Ports has acquired 12.5% and 30% stakes in Thai Laemchabang Terminal and Hutchison Laemchabang Terminal for US$ 110m.
After two years of tough negotiations, Hutchison Port Holdings (HPH), Cosco Pacific and Shanghai Industrial Holdings agreed last month to invest in the Shanghai Waigaoqiao Container Terminal…
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