HAPAG-LLOYD invests in JadeWeserPort terminals

The German container shipping company Hapag-Lloyd has announced the acquisition of a 30 per cent stake in Container Terminal Wilhelmshaven (CTW) and 50 per cent of the shares of Rail Terminal Wilhelmshaven (RTW) at the German container port JadeWeserPort.

The Bremen-based terminal operator Eurogate continues to hold the remaining shares, while the parties have agreed to not disclose the purchase price. The contract closing is expected within a few months, while it is subject to approval by the antitrust authorities.