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CMA CGM, Hapag-Lloyd introduce reUse with AvantidaAvantida, an Inttra company, has announced that CMA CGM and Hapag-Lloyd, two of the world’s largest liner shipping companies, are offering reUse container management services in Mexico. ReUse is a container triangulation ser More… |
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UASC, Hapag-Lloyd to set up world's 5th largest shipping firmDubai-based United Arab Shipping Company (UASC) recently completed its multi-billion dollar merger with Hapag-Lloyd through Dubai International Financial Centre (DIFC), a leading financial hub in the Middle East Asia and South Asia region. More… |
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Hapag-Lloyd delays United Arab Shipping takeoverGerman ocean carrier Hapag-Lloyd said it has reached an agreement with Bahrain-based United Arab Shipping Company to shift the long-stop date (the day when both merger parties could optionally withdraw from the whole transaction without giving a More… |
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Hapag-Lloyd CEO says planned UASC merger benefits to show in 2017German container shipping line Hapag-Lloyd expects to reap a third of targeted annual synergies of $400 million from its planned merger with Arab rival UASC next year, and realise them fully from 2019, its CEO said on Friday. The More… |
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United Arab Shipping seals Hapag-Lloyd merger dealHapag-Lloyd AG (Hapag-Lloyd) and United Arab Shipping Company (UASC) have signed a business combination agreement (BCA) to merge both companies, subject to the necessary regulatory and contractual approvals. Apart from the BCA, th More… |
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Hapag-Lloyd inks deal to buy UAE shipping firmHapag-Lloyd AG approved a plan to acquire all shares of United Arab Shipping Company, paving the way for the second merger in two years to bolster the position of Germany’s biggest container-shipping line in an industry plagued by excess c More… |
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Hapag-Lloyd teams up with Asian rivals in new shipping allianceGermany's Hapag-Lloyd has teamed up with five Asian container shipping firms to form a new international alliance, the latest such arrangement in the troubled industry. Hapag-Lloyd said on Friday that the alliance is due to be More… |
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Hapag-Lloyd deal to win EU approvalHapag-Lloyd and Compania SudAmericana de Vapores will win conditional European Union approval for their merger that will create the world's fourth-largest container shipping company, sources said. The tie-up is important for t More… |
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Oman signals intent to buy Hapag-Lloyd stakeAn Omani state-owned fund has told TUI AG in writing that it wants to buy a stake in container liner shipping firm Hapag-Lloyd from the German tourism group, a person familiar with the matter said. There is no binding agreement yet, though More… |
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Oman firm takes 15pc stake in Hapag-LloydOmani state-owned Onyx Investments has taken a 15 percent stake in German container shipping company Hapag-Lloyd, an official at the parent company of Onyx said on Monday. "Onyx Investments has bought a 15 percent More… |
