Liner giants Hapag-Lloyd and Mediterranean Shipping Co (MSC) are expanding their Italian terminal interests.
Hapag-Lloyd has completed the purchase of a stake in Italy’s Spinelli Group after the deal was approved by antitrust authorities.
The German liner operator will acquire a 49% stake in the terminal and transport operator, with 51% remaining in the hands of the Spinelli family.
Separately, MSC sister company Terminal Investments Ltd (TIL) is to acquire 100% of Terminal Darsena Toscana (TDT), the largest container terminal in the Tuscan port of Livorno, with an annual operating capacity of 900,000 teu.
