Hapag-Lloyd acquires 25% stake in Rotterdam APM terminal

German shipping group Hapag-Lloyd has completed the acquisition of a 25% stake in APM Terminals Maasvlakte II in Rotterdam, following unconditional approval by the relevant antitrust authorities.

Maasvlakte II serves as a key European hub for the Gemini Cooperation between Hapag-Lloyd and Maersk.

The terminal, which has been operational since 2015, is currently undergoing a major expansion to further strengthen its role as a key European gateway.

The expansion includes additional 1,000 meters of deep-sea berth, bringing the total deep-sea berth length to 2,000 meters, as well as additional yard capacity, four extra rail tracks and the deployment of Automated Terminal Tractors (ATTs) and additional automated equipment.

This story was originally published by Shipping Telegraph. Read the full story at Shipping Telegraph →