News / Hapag-Lloyd snaps up Africa specialist DAL amid profit surge

Photo 121778824 / Africa © Björn Wylezich | Dreamstime.com

Hapag-Lloyd today reported a net profit of $10.75bn for 2021, which was accompanied by news that it will acquire the liner business of compatriot Africa trade specialist Deutsche Afrika-Linien (DAL).

The acquisition of the DAL brand will strengthen Hapag-Lloyd’s footprint in South Africa and follows its purchase of niche West African trade carrier NileDutch last year.

The iconic 130-year-old DAL employs over 150 people with own offices in Germany and South Africa, owns one 6,589 teu ship, the 11-year-old post-panamax DAL Kalahari ...