COSCO Shipping Ports, the terminal operator subsidiary by the Chinese shipping group COSCO Shipping Holdings Co., has acquired stakes in the port's two main terminal operators Thai by Laem Chabang. This is the acquisition, for $110 million, up 12.5% and 30.0% respectively of the registered capital of Thai Laemchabang Terminal Co. (TLT) and Hutchison Laemchabang Terminal (HLT) which make part of the Hutchison Port Group's network of port terminals Hong Kong Holdings. The terminals operated by the two companies, including areas still under construction, will have a capacity of container traffic of about 6.7 million TEUs per year.