On 11 October 2026, the German government blocked China’s Cosco from acquiring an 80% stake in Hamburg Logistics firm Konrad Zipple.
- COSCO aimed to acquire an 80% majority stake to expand its inland hinterland logistics network around the Port of Hamburg;
- Cosco Shipping is a China state-owned entity;
- the German Federal Ministry for Economic Affairs and Energy issued a ban/cease-and-desist order, stating that the takeover would deepen strategic dependencies and jeopardize the supply chain resilience of Germany and the European Union.