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Hapag-Lloyd invests in JadeWeserPort terminals

Hapag-Lloyd has acquired 30% stake in Container Terminal Wilhelmshaven and 50% of Rail Terminal Wilhelmshaven at the German container port JadeWeserPort.
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The German container shipping company Hapag-Lloyd has announced the acquisition of a 30% stake in Container Terminal Wilhelmshaven (CTW) and 50% of the shares of Rail Terminal Wilhelmshaven (RTW) at the German container port JadeWeserPort.

The Bremen-based terminal operator Eurogate continues to hold the remaining shares, while the parties have agreed to not disclose the purchase price.

The contract closing is expected within a few months, while it is subject to approval by the antitrust authorities.

Source : Container News

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