Freight News, Sea

Hapag-Lloyd completes Nile Dutch buy

[ July 12, 2021   //   ]

Hapag-Lloyd has completed its acquisition of West African specialist Nile Dutch. It has now formally acquired all shares of the company after all responsible antitrust authorities had approved the transaction. Depending on market conditions, Hapag-Lloyd and NileDutch are aiming to integrate major parts of their businesses later in the year and completed by the end of 2021. Headquartered in Rotterdam, operates seven liner services, 35,000teu of transport capacity and a container fleet of about 80,000teu.