Hapag-Lloyd Acquires NileDutch

Home Community Industry News Hapag-Lloyd Acquires NileDutch

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    Greensea Systems
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    German container shipping company Hapag-Lloyd announced Wednesday it has reached a deal to acquire NileDutch, based in the Netherlands, strengthening Hapag-Lloyd’s position in the African market.

    The sale and purchase agreement will see Hapag-Lloyd acquire all shares of  Nile Dutch Investments B.V., subject to the approval of antitrust authorities.

    Rotterdam-headquartered NileDutch is among leading providers of container services from and to West Africa. The company currently offers 10 liner services, around 35,000 TEU of transport capacity and a container fleet of around 80,000 TEU, the company connects Europe, Asia and Latin America with West and South Africa.

    Read more by visiting MarineLink.com

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