HAPAG-LLOYD recently acquired the container liner business of Deutsche Afrika-Linien (DAL), reports Colchester's Seatrade Maritime News.
The German line signed the framework agreement to acquire DAL in March, while the transaction was approved by all responsible antitrust authorities.
'We are very pleased with the closing of the transaction and looking forward to welcoming the DAL colleagues,' said Hapag-Lloyd CEO Rolf Habben Jansen.
Meanwhile, Hapag-Lloyd is taking the lead on plans for the Egyptian container terminal.
'With their broad experience and market knowledge, they will significantly support us to further grow in Africa, which remains an important strategic market for us. We will now fully integrate the DAL's container liner activities into our business,' said Mr Habben Jansen.
SeaNews Turkey
The German line signed the framework agreement to acquire DAL in March, while the transaction was approved by all responsible antitrust authorities.
'We are very pleased with the closing of the transaction and looking forward to welcoming the DAL colleagues,' said Hapag-Lloyd CEO Rolf Habben Jansen.
Meanwhile, Hapag-Lloyd is taking the lead on plans for the Egyptian container terminal.
'With their broad experience and market knowledge, they will significantly support us to further grow in Africa, which remains an important strategic market for us. We will now fully integrate the DAL's container liner activities into our business,' said Mr Habben Jansen.
SeaNews Turkey
