Hapag

DGAP-News: Hapag-Lloyd acquires Africa carrier NileDutch

Retrieved on: 
Thursday, July 8, 2021
Hapag-Lloyd, Transport in Hamburg, Hapag, Transport, Lloyd, Service industries, Human activities

Today, Hapag-Lloyd successfully closed the acquisition of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch).

Key Points: 
  • Today, Hapag-Lloyd successfully closed the acquisition of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch).
  • "We are very excited about closing the deal and look forward to working with our new colleagues to unlock the enormous potential that Africa has to offer", explains Rolf Habben Jansen, CEO of Hapag-Lloyd.
  • "With the people from NileDutch joining our company, Hapag-Lloyd is noticeably increasing the number of employees on the ground in Africa.
  • With 40 years of experience in the market, NileDutch is one of the leading shipping companies along the West African coast.

DGAP-News: Hapag-Lloyd Annual General Meeting approves all proposed resolutions

Retrieved on: 
Friday, May 28, 2021
Hapag-Lloyd, Transport in Hamburg, Dividend, Lloyd, Hapag, Transport, Service industries

Hapag-Lloyd AG shareholders approved today with the required majority all items on the agenda put to the vote at the virtual Annual General Meeting.

Key Points: 
  • Hapag-Lloyd AG shareholders approved today with the required majority all items on the agenda put to the vote at the virtual Annual General Meeting.
  • This included the appropriation of the net profit and thereby the payment of a dividend of EUR 3.50 per share.
  • "Despite the coronavirus pandemic, we achieved a record result last year and earned our cost of capital for the first time in a decade.
  • The shareholders also approved the proposal to re-elect Nicola Gehrt and Karl Gernandt to the Supervisory Board of Hapag-Lloyd AG.

DGAP-News: Hapag-Lloyd acquires Africa specialist NileDutch

Retrieved on: 
Wednesday, March 17, 2021
Transport, Shipping, Hapag-Lloyd, Transport in Hamburg, Freight transport, Maritime transport, Hapag, Container ship, Hamburg America Line

Today, Hapag-Lloyd and NileDutch have signed a sale and purchase agreement where Hapag-Lloyd acquires all shares of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch).

Key Points: 
  • Today, Hapag-Lloyd and NileDutch have signed a sale and purchase agreement where Hapag-Lloyd acquires all shares of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch).
  • With over 40 years of expertise, NileDutch is one the leading providers of container services from and to West Africa.
  • The acquisition of NileDutch strengthens our position in West Africa and will be an excellent addition to our existing activities on the continent.
  • Wim van Aalst, President of NileDutch, added: "Hapag-Lloyd and NileDutch are a very good fit and I am happy that we join forces.

DGAP-News: Hapag-Lloyd AG: Moody's upgrades Hapag-Lloyd to 'Ba3'

Retrieved on: 
Wednesday, October 14, 2020
Hapag-Lloyd, Transport in Hamburg, Credit rating agencies, Hapag, Lloyd, Moody's Investors Service, Transport, Service industries, Companies

This is the highest credit rating assigned to Hapag-Lloyd since the rating initiation by Moody's in 2010.

Key Points: 
  • This is the highest credit rating assigned to Hapag-Lloyd since the rating initiation by Moody's in 2010.
  • Moody's acknowledged that the container shipping market and in particular Hapag-Lloyd have performed very strongly and better than anticipated amidst the pandemic.
  • As a consequence, Hapag-Lloyd's credit metrics have continued to strengthen in the first half of 2020.
  • The rating action also incorporates Hapag-Lloyd's prudent financial policy as evidenced by significant debt reduction efforts over the last years.

Finacity Announces an Increase to $550 Million of a Global Freight Receivables Securitisation Facility for Germany Headquartered Hapag-Lloyd Group

Retrieved on: 
Tuesday, January 7, 2020
Economy, Shipping companies, Finance, Hapag-Lloyd, Transport in Hamburg, Accounts receivable, Securitization, Hapag, Hamburg America Line

HAMBURG, Germany and LONDON and STAMFORD, Conn., Jan. 07, 2020 (GLOBE NEWSWIRE) -- Finacity Corporation (Finacity) announces today that it has facilitated the successful increase to $550 million of an existing freight receivables securitization for Hapag-Lloyd Group (Hapag-Lloyd).

Key Points: 
  • HAMBURG, Germany and LONDON and STAMFORD, Conn., Jan. 07, 2020 (GLOBE NEWSWIRE) -- Finacity Corporation (Finacity) announces today that it has facilitated the successful increase to $550 million of an existing freight receivables securitization for Hapag-Lloyd Group (Hapag-Lloyd).
  • Finacity serves as Arranger, providing analytic and structuring support and as on-going Administrator and Back-up Servicer for this multi-bank facility.
  • Finacity specializes in the structuring and provision of efficient capital markets receivables funding programs, servicing, and bond administration.
  • Greensill provides working capital finance facilities to customers across Europe, North America, Latin America, Middle East, Africa, and Asia.