Posted Wednesday, June 9, 2021 at 2:21pm
On June 4, state-owned COSCO Shipping Ports and Germany's Hamburg Hafen Logistics confirmed that they are in negotiations over the acquisition of a minority stake by the Chinese company in one of four container terminals at the Port of Hamburg: specifically, Container Terminal Tollerort (CTT). Although it would be only a minority stake acquisition, if realized, the deal would be the first time a non-German operator buys into the country’s ...
Russia to Partner with Finnish Company to Further Explore Building Scandinavia into Strategic North-South Transport Corridor
Posted Wednesday, June 9, 2021 at 1:40pm
On June 3, Finnish logistic services provider Nurminen Logistics signed a memorandum of cooperation with RZD Logistics, a subsidiary of state-owned Russian Railways (RZD), to study logistics opportunities in Scandinavia, Asia, and Europe within the framework of the Moscow-led International North-South Transport Corridor (INSTC).
Posted Thursday, May 27, 2021 at 3:15pm
On May 23, a government official in Afghanistan disclosed that construction had begun on a $5 million road in the country’s Pamir mountain region that will become the sole land route between Afghanistan and China. Once completed, the official noted that the road would be used to export raw materials to the Chinese market from untapped Afghan mines.