Hapag-Lloyd buys Dutch container line focused on Africa

Germany's Hapag-Lloyd buys Dutch container line NileDutch, which specializes in container shipping to and from West Africa. NileDutch has a fleet capacity of around 80,000 teu and 16 offices globally.

"Africa is an important strategic growth market for Hapag-Lloyd," says CEO Rolf Habben Jansen about the acquisition of NileDutch. | Photo: PR / Hapag-Lloyd

Hapag-Lloyd, the world's fifth-largest container line, buys Rotterdam-based shipping line Nile Dutch.

The Dutch company operates 10 container routes focused on shipping to and from West Africa to the rest of the world. Hapag-Lloyd and NileDutch on Wednesday signed an agreement for German liner major to buy all shares in the Dutch company, according to a press release.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

"Mixed lobbying" hinders Maersk from elite status on climate efforts

Think tank InfluenceMap has mapped out how well global companies like Unilever, Ikea and Maersk are performing in terms of meeting climate requirements and whether their words match their deeds. Ambiguous communication stands in the way of Maersk reaching the top, the think tank explains to ShippingWatch.

Danske Bank makes commitment to CO2 neutral loan portfolio by 2050

By 2050 at the latest, Danske Bank's loan portfolio must be fully CO2 neutral. The bank, which provides loans to shipping as well as the oil and gas sector and also supports the Poseidon Principles, isn't ready yet to set out short-term intermediate targets on the road towards CO2 neutrality.

Further reading

Related articles

Trial banner

Latest news

See all jobs