German shipping company Hapag-Lloyd enters East African market

EAST AFRICA- Hapag-Lloyd AG, a German international shipping and container transportation company, has entered the East African market with weekly sailings between China, South-East Asia, Kenya and Tanzania. In a statement, the company says it will deploy seven 2,800 TEU vessels to the service, which will arrive in Kenya and Tanzania next week and offer connections to Hapag-Lloyd’s global network. “The new East Africa Service 3 (EAS3) will offer direct weekly sailings between China, South-East Asia, Kenya and Tanzania with very competitive transit times. In addition, the EAS3 will offer…

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Hapag-Lloyd set to acquire container shipping specialist NileDutch upon approval

AFRICA – Hapag-Lloyd, a German container shipping company, and NileDutch, a container shipping company, have signed a sale and purchase agreement to acquire all shares of the Dutch container shipping company Nile Dutch Investments B.V. The sale and purchase agreement are subject to the approval of antitrust authorities. Rotterdam-headquartered NileDutch is among leading providers of container services from and to West Africa. The company currently offers 10 liner services, around 35,000 TEU of transport capacity and a container fleet of around 80,000 TEU, the company connects Europe, Asia and Latin…

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