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Hapag-Lloyd open to acquiring more port terminals

Container line Hapag-Lloyd is contemplating further investments in terminals following the purchase of a stake in a German container port. It only makes up a third of the portfolio, but "further investments are theoretically conceivable," the carrier tells ShippingWatch.

Photo: Stephen B. Morton/AP/Ritzau Scanpix
BY

German container line Hapag-Lloyd doesn't dismiss the idea of further investments in port terminals.

On Tuesday, Hapag-Lloyd announced the purchase of a 30 percent stake in the Container Terminal Wilhelmshaven in addition to taking over 50 percent of Rail Terminal Wilhelmshaven at JadeWeserPort in Wilhelmshaven. But further investments could potentially materialize, the carrier reports.

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