MSC commits to volume amount of 1 mln TEU as part of HHLA offer -CEO

Hamburger Hafen und Logistik AG

13/09/2023 07:47

BERLIN, Sept 13 (Reuters) - Switzerland-based shipping
giant MSC has committed to a volume amount of more than 1
million twenty-foot equivalent units (TEU) as part of a takeover
offer for Germany's HHLA  HHFGn.DE , CEO Soren Toft said on
Wednesday.
    Speaking at a press conference organised by Hamburg's city
government, Toft said the takeover offer for the logistics
company that runs Germany's largest port in Hamburg would result
in a "long-term cooperation with no end date".
    He added that the number of Hamburg-based MSC jobs would be
doubled to more than 700.

 (Reporting by Friederike Heine
Editing by Miranda Murray)
 ((friederike.heine@thomsonreuters.com;))