Sponsored By

Hapag-Lloyd completes acquisition of NileDutch

Hapag-Lloyd has closed the acquisition of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch) with the purchase of all shares of the company and the transaction being approved by antitrust authorities.

Michele Labrut, Americas Correspondent

July 9, 2021

1 Min Read
Name plate at Hapag Lloyd HQ in Hamburg
Photo: Marcus Hand

“We are very excited about closing the deal and look forward to working with our new colleagues to unlock the enormous potential that Africa has to offer”, explains Rolf Habben Jansen, CEO of Hapag-Lloyd. “With the people from NileDutch joining our company, we are happy to welcome NileDutch’s roughly 320 employees to Hapag-Lloyd.” 

Depending on market conditions, Hapag-Lloyd and NileDutch are aiming to integrate major parts of their businesses in the later part of 2021.

With 40 years of experience in the market, NileDutch is one of the leading shipping companies along the West African coast. Headquartered in Rotterdam, NileDutch is present in 85 locations across the world and has 16 offices in the Netherlands, Belgium, France, Singapore, China, Angola, Congo and Cameroon. The company also brings with it seven liner services, around 35,000 teu of transport capacity, and a container fleet with a capacity of around 80,000 teu.

Full commercial integration is expected to be completed by the end of 2021.

About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

Get the latest maritime news, analysis and more delivered to your inbox
Join 12,000+ members of the maritime community

You May Also Like