Freight News, Sea

Hapag-Lloyd to buy NileDutch

[ March 17, 2021   //   ]

Hapag-Lloyd is to acquire Netherlands-based African shipping line NileDutch, subject to the approval of antitrust authorities.

The German operator will acquire all shares of the company, established over 40 years ago and one the leading providers of container services to and from West Africa. NileDutch has 16 owned offices in the Netherlands, Belgium, France, Singapore, China, Angola, Congo and Cameroon and operates ten10 liner services, around 35,000teu of transport capacity and a container fleet of around 80,000teu, with 350 employees worldwide.

Hapag Lloyd chief executive Habben Jansen said: “Africa is an important strategic growth market for Hapag-Lloyd. The acquisition of NileDutch strengthens our position in West Africa and will be an excellent addition to our existing activities on the continent. Our combined customer base will benefit from a denser network from and to Africa as well as from a much higher frequency of sailings. We welcome the new colleagues from NileDutch and hope that together we can further develop our business in Africa in the years to come.”

NileDutch president Wim van Aalst, added: “Hapag-Lloyd and NileDutch are a very good fit and I am happy that we join forces. Combining our business and expertise in West Africa with Hapag-Lloyd´s worldwide network will enable us to make the next step and further develop the Africa business.”

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