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.
The CMHI mission
China-based terminal operating companies have stepped up their overseas investment strategies this year, partly to compensate for more sluggish cargo throughput activity in their home market.
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