Comment / Hapag-Lloyd to create ports & infrastructure unit

Photo: Hapag-Lloyd

Hapag-Lloyd investors and analysts covering Germany’s leading shipping line can expect to see a new P&L when the carrier’s next quarterly report is published, provisionally due on 9 November.

A Hapag-Lloyd spokesman confirmed to Premium this week that following a series of terminal acquisitions over the past year, as well as its inclusion in a consortium to develop a new greenfield terminal in the Egyptian port of Damietta, the company will launch a separate entity to be called Hapag-Lloyd Terminal Holding. ...