Independent journal on economy and transport policy
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Hapag-Lloyd confirms the upcoming acquisition of 30% of Container Terminal Wilhelmshaven
The transaction will include 50% of the Rail Terminal Wilhelmshaven railway terminal
September 28, 2021
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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The transaction, which is subject to the approval of the antitrust authority, it is expected to be completed in the coming months.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
