Sea-Invest into Hamburg

Italian-owned, German-based rail freight operator TX Logistik is updating its motive power with the first deliveries of new locos from Siemens Mobility.

The German union Verdi and ZDS reached a new labour agreement for 11,500 North Sea port workers, pending a member vote.

Hamburg’s city parliament approved MSC’s entry as a major shareholder in HHLA, despite opposition, with final approval pending from the European Commission.

Negotiations for a new collective agreement at Germany’s North Sea ports are stalled as employees and the union reject the employers’ offers.

The Verdi union presented its members with two collective labour agreement options from the ZDS, affecting around 11,000 port employees.

The MSC’s 49.9% purchase of HHLA shares passed the first reading in the Hamburg Parliament, with support from the ruling coalition.