Cosco Shipping could consider making a move for Hanjin Shipping’s port assets, Chinese media report.
The Chinese company is reportedly eyeing terminals controlled by the collapsed South Korean owner, Caixin reported.
On Wednesday, Cosco signed a 35-year concession agreement to build and operate a new terminal at Abu Dhabi’s Khalifa port.
But the Chinese conglomerate does not have plans to buy Hanjin’s vessels, according to chairman Xu Lirong.
Meanwhile,
