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Trade & Logistics

8 October 2026

Berlin blocks COSCO takeover of German freight forwarder

Downunder Voices Newsroom

Source reporting: Splash247

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Berlin blocks COSCO takeover of German freight forwarder

Germany has blocked COSCO Shipping’s planned acquisition of an 80% stake in Hamburg freight forwarder Konrad Zippel, overriding an earlier competition clearance on national security grounds. The federal cabinet approved the prohibition on Wednesday, with the economy ministry saying the transaction would have deepened strategic dependencies and threatened the resilience of German and EU supply …

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