The German carrier has reported EBIT of almost €181M and net profit of €54M in Q3 2017 and says that integration with UASC is almost completed

Hapag-Lloyd and United Arab Shipping Company completed their merger on Wedensday, 24th May. Annual synergies of US$435M are planned

Hapag-Lloyd’s CEO Rolf Habben Jansen says that perhaps only five to seven global liner companies will survive and Hapag-Lloyd itself is working hard to be one of them

Hapag-Lloyd AG and UASC have shifted the “long-stop date” under their “business combination agreement” to the end of May

Dry freight container builders are facing further difficulties this year, with production having declined to a seven-year low and finished prices remaining weak.

The merger of Hamburg-based Hapag-Lloyd and Dubai-domiciled UASC moved a stage closer following Friday’s AGM meeting of the German shipping line.

The German carrier has reported EBIT of almost €181M and net profit of €54M in Q3 2017 and says that integration with UASC is almost completed

Hapag-Lloyd and United Arab Shipping Company completed their merger on Wedensday, 24th May. Annual synergies of US$435M are planned

Hapag-Lloyd’s CEO Rolf Habben Jansen says that perhaps only five to seven global liner companies will survive and Hapag-Lloyd itself is working hard to be one of them

Hapag-Lloyd AG and UASC have shifted the “long-stop date” under their “business combination agreement” to the end of May

Dry freight container builders are facing further difficulties this year, with production having declined to a seven-year low and finished prices remaining weak.

The merger of Hamburg-based Hapag-Lloyd and Dubai-domiciled UASC moved a stage closer following Friday’s AGM meeting of the German shipping line.