Ports

Hapag-Lloyd were in talks to acquire state-owned port company

Chief exec reveals to German media that he was first informed of the sale to rival MSC in a call from a senator the day before the deal was announced.
Hapag-Lloyd and CEO Rolf Habben Jansen wanted to buy the majority of the large port company, Hamburger Hafen und Logistik, but was instead defeated by rival MSC. | Photo: Vera Eckert/Reuters/Ritzau Scanpix
Hapag-Lloyd and CEO Rolf Habben Jansen wanted to buy the majority of the large port company, Hamburger Hafen und Logistik, but was instead defeated by rival MSC. | Photo: Vera Eckert/Reuters/Ritzau Scanpix
by NIKLAS KRIGSLUND

Germany’s leading shipping company, Hapag-Lloyd, had been quietly negotiating for a potential purchase of the largest port operator in its home city of Hamburg for some time.

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