Hapag-Lloyd has announced a successful closure of the acquisition of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch). The integration will be moving swiftly, with the commercial integration expected to complete by the end of 2021.
NileDutch is among the leading shipping companies on the West African coast with over 40 years of industry experience. It has a global presence in 85 locations worldwide, with headquarters in Rotterdam, and over 16 offices across Europe and Asia. For Hapag-Lloyd, the acquisition adds to its existing inventory, NileDutch’s 7 liner services, around 35,000 TEU of transport capacity, and a container fleet capacity of about 80,000 TEU.
According to Hapag-Lloyd, the acquisition will strengthen their position in West Africa and unlock Africa’s enormous potential for growing together with their customers. Along with NileDutch, they can now offer their customers a more solid network of services with a higher sailings frequency.
Based on market conditions, both carriers will integrate significant parts of their businesses offering the full benefits of the combined network to their customers as soon as possible.