Hapag-Lloyd completes acquisition of 25% stake in APM Terminals Maasvlakte II

Hapag-Lloyd has successfully completed the acquisition of a 25% stake in APM Terminals Maasvlakte II in Rotterdam, following unconditional approval by the relevant antitrust authorities. The investment strengthens Hapag-Lloyd’s global terminal portfolio, managed by Hanseatic Global Terminals (HGT), and secures long-term access to handling capacity at one of Europe’s most advanced container terminals.

“We are very pleased to have completed this transaction and become a shareholder in Maasvlakte II. Together with APM Terminals, we look forward to supporting the terminal’s continued growth and development, creating long-term value for our customers and further strengthening Rotterdam’s role as a major European gateway,” said Dheeraj Bhatia, CTIO of Hapag-Lloyd AG and CEO of Hanseatic Global Terminals.

“We look forward to the continued development of APM Terminals Maasvlakte II. Hapag-Lloyd’s participation as a shareholder supports the terminal’s long-term growth and our ongoing expansion, while our focus remains unchanged: operating safely and reliably for all our customers and delivering the additional capacity and performance they need”, said Harold Kunst, Managing Director of APM Terminals Maasvlakte II.

Maasvlakte II serves as a key European hub for the Gemini Cooperation between Hapag-Lloyd and Maersk. The terminal is currently undergoing a major expansion, including additional berth and yard capacity as well as further automation. Following completion of the expansion, the terminal is expected to reach an annual handling capacity of approximately 5.4 million TEU.

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