19.1 C
Hamburg
Sunday, June 1, 2025
Home Most Popular Hapag-Lloyd's HGT acquires majority stake in French port operator

Hapag-Lloyd’s HGT acquires majority stake in French port operator

Hapag-Lloyd’s Terminal & Infrastructure division Hanseatic Global Terminals (HGT) has completed the acquisition of 60% of the shares in CNMP LH, the operator of the Atlantique container terminal in Le Havre, from Seafrigo Group.

The remaining 40% of the shares in CNMP LH will continue to be held by Seafrigo Group, a company specialized in temperature-controlled food logistics.

The contracting parties have agreed not to disclose any financial information of the transaction.

Dheeraj Bhatia (CEO of Hanseatic Global Terminals) and Eric Barbé (President of the Seafrigo Group) celebrated the successfully completed transfer of 60% of the shares in CNMP LH in the presence of Édouard Philippe (Mayor of Le Havre) and Benoît Rochet (General Manager of HAROPA PORT)

The port of Le Havre numbers among the 10 largest in Europe and is a crucial hub for sea transport to and from France with an annual container throughput of 3 million TEUs.


“By acquiring a majority stake in the CNMP LH terminal in Le Havre, we are strengthening our position in one of our core European markets,” pointed out Dheeraj Bhatia, CEO of Hanseatic Global Terminals. “At the same time, we are continuing to expand our global terminal portfolio while paving the way for targeted investments to enhance efficiency.”

Hanseatic Global Terminals plans to further invest in developing its portfolio, with the goal of expanding to more than 30 terminals by 2030.





Antonis Karamalegkos
Managing Editor

Latest Posts

The Indian Ocean Rivalry

The Indian Ocean has emerged as a strategic theater of competition between two Asian giants: India and China. India’s recent developments indicate a rapid expansion...

Statkraft advances plans for green hydrogen scheme at Hunterston

Europe’s largest generator of renewable energy has proposed the development of a green hydrogen facility at Hunterston, the former coal terminal in Ayrshire. Clydeport –...

Port of Bilbao wraps up busiest month for cruise traffic

May has marked a record month for cruise activity at the Port of Bilbao’s terminal in Getxo, with 18 cruise ship calls bringing over...

Tripoli port shutdown sparks maritime crisis in Libya

Libya’s shipping sector is teetering on the edge of collapse as fresh waves of political violence erupt in Tripoli, crippling key port operations and...

KlaipÄ—da port embarks on green hydrogen initiative

KlaipÄ—da Port launched its green hydrogen initiative, positioning itself as the first in Lithuania and the broader Baltic region to produce and supply green...
error: Content is protected !!