The goals of “Strategy 2023” are to achieve quality industry leadership through maximum customer focus, to ensure the Company’s continued existence as a global player through selective growth, and to generate consistent profitability through the entire economic cycle.
Acquisition of Nile Dutch
At the beginning of July, Hapag-Lloyd acquires the Dutch shipping company, a leading provider of container services to and from West Africa. It thus continues to grow in the strategically important African market.
Acquisition of a stake in Container Terminal Wilhelmshaven
In line with its strategy of ensuring capacities at terminals that are important for its liner network, Hapag-Lloyd acquires a stake in Container Terminal Wilhelmshaven (CTW). Sustainability is formally established as the Company’s fourth objective. Its ambitious goals include the decarbonisation of shipping.
Expansion of container terminal business
Hapag-Lloyd and partners develop a new container terminal in Damietta, Egypt, and the Company acquires a stake in Italian terminal operator and logistics expert Spinelli Group. In addition to safeguarding terminal capacities, the expansion of hinterland traffic is a strategic goal. With this stake in Spinelli, Hapag-Lloyd can strengthen its position in both areas in the important Italian market.
Takeover of the container liner business of Deutsche Afrika-Linien (DAL)
The acquisition of South African specialist DAL represents a further important step towards strengthening the Company’s presence in Africa.
Acquisition of the terminal business of SM SAAM S.A.
At the end of the year, Hapag-Lloyd expands its strategic shareholding in terminals by signing a contract to acquire the terminal business of SM SAAM S.A. and the associated logistics services. The business includes a portfolio of ten terminals in six countries in North, Central and South America.