![]() ![]() If you get no tracking information from COSCO official website, you’d better contact COSCO.If you have problem with our container tracking system, please track your container directly on the COSCO website.COSCO’s shipping lines cover over 1,600 ports in more than 160 countries and regions worldwide, and its fleet size ranks the first in China and the second in the world. Established on April 27th, 1961, COSCO owns and controls over 800 modern merchant vessels with a total tonnage of 56 million DWTs and an annual carrying capacity of 400 million tons. Enter Your COSCO Tracking Number Here About COSCOĬhina Ocean Shipping (Group) Company (COSCO), one of the major multinational enterprises in the world, is China’s largest and the world’s leading Group specializing in global shipping, modern logistics and ship building and repairing, ranking the 327th in Fortune Global 500. The Economy Ministry, led by the Greens' Robert Habeck, released a statement after the deal was confirmed on Wednesday, saying, "There were different assessments when assessing the acquisition of a holding.Type your COSCO tracking number below, get live delivery information with our express tracking system. ![]() However, there remains tension on the issue within the government. Scholz's party was especially keen on pushing the deal through. COSCO already holds stakes in many other European ports. ![]() The COSCO deal inflamed that debate, with several government ministries connected to the Greens and the Free Democrats demanding last October that the company's stake be capped so it could not have outright control.Ĭritics have argued that allowing the deal to proceed creates a major security issue as it gives the Chinese government undue influence in the port terminal. In recent years, Germany has sought to limit Chinese investment in the country. That's despite a heightened political debate in Germany over the extent to which Berlin is dependent on its economic relationship with Beijing. China has been Germany's biggest trade partner for seven straight years Image: Kay Nietfeld/dpa/picture alliance China has been Germany's biggest trade partner for the past seven years, with the value of trade between the countries rising to a record €298 billion ($320 billion) in 2022. It also said the agreement would strengthen Hamburg's national and international importance as a logistics location.Ĭlose to one-third of the goods handled at the port already come from or go to China. The company says the deal will make Hamburg port a preferred destination for COSCO and help secure jobs. The Tollerort terminal is owned by the Hamburg port logistics company HHLA. That compromise had been reached following intense opposition to the deal from the Greens and the Free Democrats (FDP), coalition partners of Scholz's Social Democrats (SPD). However, on Wednesday, chief government spokesperson Steffen Hebestreit said the government was sticking to the October decision, which caps COSCO's stake in the Tollerort terminal at 24.99%. The review came when it emerged that the Tollerort container terminal had been classified as critical German infrastructure earlier in 2023 by Germany's national cyber security agency, the BSI. Last month it was announced that Chancellor Olaf Scholz's three-party coalition government was revisiting a decision made in October 2022 to give the go-ahead to the deal. The German government has given final approval to a controversial deal that will see the Chinese shipping company COSCO take a minority stake in a container terminal at Hamburg port. ![]()
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