Hapag-Lloyd announced that it will acquire a 30% stake in Container Terminal Wilhelmshaven (CTW) and 50% of the shares of Rail Terminal Wilhelmshaven (RTW) at JadeWeserPort.

In a brief statement, it said the terminal operator Eurogate continues to hold the remaining shares.

Hapag-Lloyd noted that the parties have agreed to not disclose the purchase price.

"Subject to approval by the antitrust authorities, contract closing is expected within a few months," the ocean carrier added.