-1.6 C
Hamburg
Sunday, February 16, 2025
Home Most Visited - Newsletter Hapag-Lloyd to acquire container liner business of another Africa specialist

Hapag-Lloyd to acquire container liner business of another Africa specialist

The German container shipping company Hapag-Lloyd will acquire the box line business of its compatriot carrier Deutsche Afrika-Linien (DAL).

Although the completion of the transaction is still subject to the approval of the responsible antitrust authorities, the two Hamburg-based companies have signed a framework agreement.

With this acquisition, Hapag-Lloyd aims to strengthen its position in Africa, which remains an important strategic growth market for the company’s CEO Rolf Habben Jansen, who said, “Particularly for our service offering from and to South Africa, DAL is a valuable addition allowing us to offer our customers a better network and additional port coverage in this region.”

Last year, Hapag-Lloyd acquired Africa-specialised carrier NileDutch, which significantly strengthened the carrier’s presence and service offering to and from West Africa, while it also opened new offices in Kenya, Morocco and Senegal. Back in 2020, the company established a Quality Service Center (QSC) in Mauritius.

With a history dating back to the year 1890, DAL is an established liner shipping company for the transportation of containerised cargo and operates with four liner services between Europe, South Africa and the Indian Ocean. The Africa expert is represented with its own offices in Germany and South Africa as well as through third-party agents in 47 countries worldwide.

Their liner business (including agencies) employs more than 150 people. DAL owns a 6,589 TEU container ship and operates a container fleet of around 17,800 boxes (owned and leased), which will be taken over as part of the acquisition.

“With their broad experience and market knowledge, they will significantly support us to further grow in Africa,” commented Rolf Habben Jansen.





Antonis Karamalegkos
Managing Editor

Latest Posts

Why YouTube Shares Matter for Shipping and Supply Chain Brands

If you run a shipping or supply chain brand, having a presence on YouTube is essential to finding new clients and getting your name...

How To Determine The Right Storage Container For Your Needs

From transporting to storing to organizing merchandise, the storage container takes top priority. Whether you're clearing your home, moving, or stashing merchandise, good storage...

The Role of Container Shipping in Global Supply Chains: A Focus on Heavy Equipment

In today's global economy, container shipping is essential to the functioning of numerous supply chains. Efficiently moving goods across oceans is essential to every...

How Indiana can Improve its Infrastructure and Reduce the Number of Car Accidents

How frequently do you, either as a driver or pedestrian witness or hear about traffic accidents? Unfortunately, road accidents have become an everyday occurrence...

Weekly Update: Container Shipping Stock Highlights

The container shipping market saw a dynamic week, marked by notable fluctuations in stock performance among key players. Factors such as tariffs, political tensions,...
error: Content is protected !!