COSCO Shipping Ports has acquired stakes in two key terminals at Thailand's Laem Chabang Port, reports St Petersburg PortNews.
With this US$110 million investment, cosco gains access to berths that can process up to 6.7 million TEU annually.
The acquisition marks a strategic step in strengthening COSCO's presence in Southeast Asia and enhancing Thailand's status as a major logistics hub.
This expansion aligns with COSCO's plan to create an integrated supply chain that serves the region's evolving trade needs.
SeaNews Turkey
With this US$110 million investment, cosco gains access to berths that can process up to 6.7 million TEU annually.
The acquisition marks a strategic step in strengthening COSCO's presence in Southeast Asia and enhancing Thailand's status as a major logistics hub.
This expansion aligns with COSCO's plan to create an integrated supply chain that serves the region's evolving trade needs.
SeaNews Turkey
