{"id":31418,"date":"2022-09-19T19:03:35","date_gmt":"2022-09-19T16:03:35","guid":{"rendered":"https:\/\/www.al-sindbad.net\/rejecting-chinese-bid-would-put-hamburg-port-at-disadvantage-mayor-says\/31418\/"},"modified":"2022-09-19T19:03:35","modified_gmt":"2022-09-19T16:03:35","slug":"rejecting-chinese-bid-would-put-hamburg-port-at-disadvantage-mayor-says","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/rejecting-chinese-bid-would-put-hamburg-port-at-disadvantage-mayor-says\/31418\/","title":{"rendered":"Rejecting Chinese Bid Would Put Hamburg Port at Disadvantage, Mayor Says"},"content":{"rendered":"<p><\/p>\n<div itemprop=\"text\">\n<p>Germany would put its port of Hamburg at a competitive disadvantage if it quashed a bid from China&#8217;s Cosco to buy a stake in a container operator, the port city&#8217;s mayor said.<\/p>\n<p>A rejection would be &#8220;a one-sided, competition-distorting disadvantage for Hamburg compared to Rotterdam and Antwerp, where Cosco already owns terminal shares,&#8221; Mayor Peter Tschentscher told Reuters.<\/p>\n<p>&#8220;In order to keep up with international competition, it must also be possible for shipping companies to participate in terminals in Hamburg if this makes business sense,&#8221; Tschentscher added.<\/p>\n<p>Economy Minister Robert Habeck said in an interview with Reuters last week that he was leaning towards not allowing the deal, which would give China a stake in German critical infrastructure.<\/p>\n<p><em>(Reuters &#8211; Reporting by Andreas Rinke; Writing by Miranda Murray and Rachel More; Editing by Mark Potter)<\/em><\/p>\n<\/div>\n<p>maritime professional<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Germany would put its port of Hamburg at a competitive disadvantage if it quashed a bid from China&#8217;s Cosco to buy a stake in a container operator, the port city&#8217;s mayor said. A rejection would be &#8220;a one-sided, competition-distorting disadvantage for Hamburg compared to Rotterdam and Antwerp, where Cosco already owns terminal shares,&#8221; Mayor Peter &hellip;<\/p>\n","protected":false},"author":1,"featured_media":31419,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[],"class_list":["post-31418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/31418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=31418"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/31418\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/31419"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=31418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=31418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=31418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}