German shipping company Hapag-Lloyd says the EU Commission has approved the company’s stake acquisitions in JadeWeserPort Wilhelmshaven, Germany’s largest harbor project and home to its only deep-water container port.
With the closing, Hapag-Lloyd will acquire a 30% stake in Container Terminal Wilhelmshaven (CTW), Germany’s only deep-water container terminal, and 50% of the shares of Rail Terminal Wilhelmshaven (RTW) from terminal operator Eurogate, which will continue to own the remaining shares.
Hapag-Lloyd said its participating in JadeWeserPort will help it further improve its competitive position, especially in Far East trades while at the same time strengthening the North German ports.
The purchase price has not been disclosed.
Container Terminal Wilhelmshaven offers an 18-meter water depth and some of the world’s biggest container gantries capable of loading and unloading ultra-large containerships of any size. In July 2021, JadeWeserPort Wilhelmshaven welcomed the first direct train from China, part of China’s “One Belt One Road” initiative.
Sign up for gCaptain’s newsletter and never miss an update
Essential maritime and offshore news, insights, and updates delivered daily straight to your inbox
By Brendan Murray Jun 6, 2026 (Bloomberg) —Container shipping rates jumped over the past week amid higher fuel costs, congestion at some Asian ports and a pickup in demand heading into...
Container freight rates are rising sharply across major east-west trades as the conflict in the Middle East, disruption at key Asian transshipment hubs, and growing fears of an energy crisis...
Canada is set to announce a deal to supply Germany with liquefied natural gas from a planned export facility on the coast of British Columbia, according to people familiar with the matter.
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
