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September 28, 2021
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- Hapag-Lloyd confirms the upcoming acquisition of 30% of
Container Terminal Wilhelmshaven
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- The transaction will include 50% of the terminal
Rail Rail Terminal Wilhelmshaven
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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.
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- 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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