We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Hapag-Lloyd focuses on growing market in Africa
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

Hapag-Lloyd focuses on growing market in Africa

May 3, 2018
No Comments

Today, Hapag-Lloyd (www.Hapag-Lloyd.com) celebrated the official opening of its new office in Tema, the most important port city in Ghana. Beginning immediately, Hapag-Lloyd will manage most of its operational activities in West Africa from this location.

"I'm very pleased that our enhanced presence in West Africa is showing initial signs of success," said Anthony Firmin, Chief Operating Officer (COO) of Hapag-Lloyd. "Our West Africa Express (WAX) service from and to West Africa has been operating with extraordinary success for several years and is very well received by customers. With our new East Africa Service (EAS), connecting all major trades globally via our hub in Saudi Arabia with Kenya and Tanzania, we have entered another new trade. As a result, we are tying Africa even more closely to our global network while benefiting at the same time from positive economic developments in large parts of Africa."

The GDP of West Africa has grown significantly in the last two years, rising by an average of 6 percent. Ghana numbers among the fastest-growing economies in the region. This growth is primarily driven by the trade in gold, but also in oil and gas products. Among Ghana's most important export goods are cocoa, timber products and cashew nuts.

Hapag-Lloyd has massively expanded its presence in Africa over the last two years and established a fast connection from West Africa to Europe via what are now two services: the West Africa Express (WAX: Hamburg - Casablanca - Tangier - Dakar - Tema - Abidjan - Tangier - Antwerp - Hamburg) and the Mediterranean West Africa Express (MWX: Tangier - Algeciras - Cotonou - Lagos (Apapa & Pipan) - Tema - Tangier).

Both services will call at the port city of Tema, which is not far from Ghana's capital, Accra. Plans call for the port's annual handling capacity to be tripled by mid-2019, from 1 million to 3 million TEU. Hapag-Lloyd is expecting additional growth opportunities from this capacity expansion.

Distributed by APO Group on behalf of Hapag-Lloyd.

Press contacts
Nils.Haupt@HLag.com +49 40 3001 2263
Tim.Seifert@HLag.com +49 40 3001 2291

About Hapag-Lloyd
With a fleet of 219 modern container ships and a total transport capacity of 1.6 million TEU, Hapag-Lloyd (www.Hapag-Lloyd.com) is one of the world's leading liner shipping companies. The Company has around 12,500 employees and over 380 offices in 125 countries. Hapag-Lloyd has a container capacity of 2.3 million TEU - including one of the largest and most modern fleets of reefer containers. A total of 120 liner services worldwide ensure fast and reliable connections between more than 600 ports on all the continents. Hapag-Lloyd is one of the leading operators in the Transatlantic, Middle East, Latin America and Intra-America trades.

More Info: https://www.africa-newsroom.com/press/media/hapaglloyd-focuses-on-growing-market-in-africa?lang=en

Submit your logistics, material handling, or supply chain related company news in Supply Chain Quarterly's's Industry Press Room section or New Products section
  • Related Articles

    Gebrüder Weiss focuses on growth in Türkiye’s logistics market

    Nexxiot equips a significant share of the 3 mio TEU fleet from Hapag-Lloyd with IoT Technology

    Blume Global to Provide Logistics Support for Hapag-Lloyd

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Forecasts call for freight rate slumps in 2023

  • Projected U.S. recession in early 2023 will soften freight market

  • Inflation drops again as interest rate hikes hit home, NRF says

  • How to avoid the next crisis: A new approach to supply chain agility

  • New Jersey truck fleet says Freightliner tractors will deliver safety as well as freight

Featured Video

20221107korber large vs

Enhancing Customer Experience with Your Supply Chain Strategy

Viewer Contributed
With the rise of e-commerce, many businesses have had to transform their warehouses to handle online orders in addition to regularly scheduled inventory shipments. This means warehouses need more information than ever before to ensure they can meet customers' needs. As a result, companies need to select warehouse...

FEATURED WHITE PAPERS

  • Guide to Pallet Rack Safety

  • 3PLs: Complete Orders Faster with Flexible Automation

  • A shipper's guide to navigating post-pandemic holiday freight

  • THE NEW WAY TO WAREHOUSE: 4 Innovations in Automation & Robotics to Boost Warehouse Productivity

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing