Hapag-Lloyd buys large stake in Indian ports operator J M Baxi

Hapag-Lloyd’s focus on port-to-port shipping includes pursuing ownership stakes in marine terminal operations, with the acquisition of a 40 percent share of Indian ports operator J M Baxi the latest example.

Hapag-Lloyd’s focus on port-to-port shipping includes pursuing ownership stakes in marine terminal operations, with the acquisition of a 40 percent share of Indian ports operator J M Baxi the latest example.