Port of L.A., Hamburg Sign Collaborative Agreement
The Port of Los Angeles and the Hamburg Port Authority (HPA) signed a Memorandum of Understanding which paves the way for increased cooperation and partnership. The two ports have agreed to share strategies and best practices on topics ranging from port infrastructure, environmental and security challenges and strategies to enhance trade competitiveness.
The five-year agreement was signed at the International Exhibition for Logistics, Mobility, IT and Supply Chain Management conference in Munich.
The collaborative agreement could potentially benefit U.S. and international maritime and environmental companies from the transport and logistics industry as the two leading sea ports share best practices with respect to equipment and new technologies.