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Hapag-Lloyd targets Latin America with wide-beam boxship buys and charters

Hapag-Lloyd targets Latin America with wide-beam boxship buys and charters
Hamburg-based liner company Hapag-Lloyd has bought two modern widebeam 3,500 teu ships from shipping company NileDutch for an undisclosed amount, as well as chartering six more efficient wide-beam vessels.

Wide-beam hull design means ships can maintain a comparatively high slot capacity despite having a lower draught, making them particularly well suited for ports with shallow water, as for example some South American ports,” says the company.

Indeed, the new ships will initially be employed in the South American cabotage business, described by Hapag-Lloyd as “an attractive niche market.”

The German company is also chartering two more identical sisterships from the same NileDutch series, for deployment on the same trade.

In addition, in order to reinforce what the company says is its leading position in the North Atlantic, four more efficient wide-beam vessels of around 2,700 teu, all only two years of age, are being chartered in to replace older tonnage on Hapag-Lloyd services between the Mediterranean and Montreal, Canada.    

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