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Cosco Shipping Ports will sell its 35% shareholding in Rotterdam’s Euromax Terminal to Linghang Holdings, a 51-49 joint venture between the stevedore and investor Silk Road Fund. This divestment comes after Cosco recently bought into Zeebrugge and Hamburg, whilst it also owns a stake in DP World’s Antwerp Gateway. The Euromax Terminal’s other shareholder is ECT, which is controlled by Hutchison Ports.

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