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Announced

Hapag-Lloyd to acquire a 50% stake in Rail Terminal Wilhelmshaven at JadeWeserPort from Eurogate.

Synopsis

Hapag-Lloyd, a liner shipping company, agreed to acquire a 50% stake in Rail Terminal Wilhelmshaven at JadeWeserPort, from Eurogate, a shipping line-independent container terminal group. Financial terms were not disclosed. “With its modern infrastructure and the superstructure offered by the terminal operator, JadeWeserPort offers ideal conditions for handling even large container ships. This port infrastructure now has to be further developed in a tried and tested collaboration with Eurogate,” Holger Banik, JadeWeserPort-Realisierungsgesellschaft managing director.

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