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EU Commission approves Hapag-Lloyd’s participation in JadeWeserPort

May 3, 2022
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EU Commission approves Hapag-Lloyd’s participation in JadeWeserPort

JadeWeserPort

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The EU Commission has approved Hapag-Lloyd’s participation in JadeWeserPort Wilhelmshaven, which will help the company further improve its competitive position.

With the closing of this transcation, the shipping line will take ownership of a 30% stake in Container Terminal Wilhelmshaven (CTW) and a 50% stake in Rail Terminal Wilhelmsaven (RTW).

Terminal operator Eurogate will continue to hold the remaining shares and the parties have agreed not to disclose the purchase price.

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