HAPAG-LLOYD is acquiring 30 per cent of the Container Terminal Wilhelmshaven (CTW) and 50 per cent of Rail Terminal Wilhelmshaven (RTW) from terminal operator Eurogate, reports Ventura, CA's gCaptain.
The deal is still subject to approval by the antitrust authorities, with contract closing expected within a few months.
'The decision of Hapag-Lloyd, Germany's leading shipping company, to participate in the Eurogate Container Terminal Wilhelmshaven at JadeWeserPort is a good signal for the port, the region, Lower Saxony and Northern Germany,' said Lower Saxony minister of economic affairs Dr Bernd Althusmann.
'As the only deep-water port on the German North Sea coast, JadeWeserPort has a unique selling point that stands out in the container business. Hapag-Lloyd has recognised this. This forward-looking engagement will help to use the port's potential even better and actively shape its development,' said Dr Althusmann.
SeaNews Turkey
The deal is still subject to approval by the antitrust authorities, with contract closing expected within a few months.
'The decision of Hapag-Lloyd, Germany's leading shipping company, to participate in the Eurogate Container Terminal Wilhelmshaven at JadeWeserPort is a good signal for the port, the region, Lower Saxony and Northern Germany,' said Lower Saxony minister of economic affairs Dr Bernd Althusmann.
'As the only deep-water port on the German North Sea coast, JadeWeserPort has a unique selling point that stands out in the container business. Hapag-Lloyd has recognised this. This forward-looking engagement will help to use the port's potential even better and actively shape its development,' said Dr Althusmann.
SeaNews Turkey
