Antimonopoly Committee of Ukraine granted permission to MSC to acquire terminal in the Port of Hamburg
26.11.2024 - 16:30
The Antimonopoly Committee of Ukraine has adopted two decisions on the sale of a stake in the port of Hamburg to the container carrier MSC.
Mediterranean Shipping Company has received approval from the Antimonopoly Committee of Ukraine to acquire a stake in the Hamburg port logistics company HHLA, CTS writes.
The Chairman of the Antimonopoly Committee of Ukraine, Pavlo Kyrylenko, reported that on November 14, 2024, the committee adopted two decisions related to this concentration.
“By the Committee’s decisions of 14.11.2024 No. 446-р, permission was granted to SAS Shipping Agencies Services S.à.r.l. (Luxembourg, Grand Duchy of Luxembourg) to acquire, together with HGV Hamburger Gesellschaft für Vermögens-und Beteiligungsmanagement mbH (Hamburg, Germany), control over Hamburger Hafen und Logistik AG (Hamburg, Germany),” the Antimonopoly Committee reported.
In particular, HGV Hamburger Gesellschaft für Vermögens-undBeteiligungsmanagement mbH (Hamburg, Germany) was granted permission to acquire, together with SAS Shipping Agencies Services S.à.r.l. (Luxembourg, Grand Duchy of Luxembourg), control over Port of Hamburg Beteiligungsgesellschaft SE (Hamburg, Germany).
“The content of the decisions will be available on the Committee’s official website, where they will be published within 10 working days of their adoption,” the department added.
We will remind that in the summer, the Antimonopoly Committee of Ukraine began consideration of the case regarding the sale of a stake in the Port of Hamburg to the container carrier MSC.
In particular, the investigation concerned the impact of this transaction on competition in Ukrainian seaports, where HHLA has its own container terminal. This is the Odesa Container Terminal, which before the start of the full-scale war handled the largest volume of containers among Ukrainian container terminals.
