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23 October 2021 The on-line newspaper devoted to the world of transports 17:08 GMT+2



September 28, 2021

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Hapag-Lloyd confirms the upcoming acquisition of 30% of Container Terminal Wilhelmshaven

The transaction will include 50% of the terminal Rail Rail Terminal Wilhelmshaven

The negotiations initiated by the German shipping company Hapag-Lloyd to acquire 30% of the Container Terminal Wilhelmshaven (CTW) container terminal of the port of Wilhelmshaven (JadeWeserPort), the only port of call of Germany in deep water, a share which is held by the APM Terminals of the Danish shipowning group A.P. Møller-Mærsk while the remaining 70% of the capital is in the hands of the group German terminalist Eurogate. The acquisition will include the 50% of the capital of Rail Terminal Wilhelmshaven (RTW), the company which operates the railway terminal of the German port.

The transaction, which is subject to the approval of the antitrust authority, it is expected to be completed in the coming months.

Last year the CTW container terminal handled a containerized traffic equal to 423 thousand teu, with a decrease in -33.8% on 2019. In recent years Eurogate has repeatedly complained about both the lack of exploitation of the capacity of traffic of the Wilhelmshaven terminal both the substantial losses annuals generated by its activity from the beginning of the operations that took place in 2012, while confirming the good growth prospects for CTW in the medium and long term. In the first three months of 2021 the traffic handled by CTW was equal to 134 thousand teu, with an increase of +26.9% on the corresponding last year period.




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