Hapag-UASC Tie-Up Nears Completion as Funding Snags Overcome -Sources
By Jonathan Saul and Arno Schuetze LONDON/FRANKFURT, May 18 (Reuters) – German shipping line Hapag Lloyd is close to completing a merger with United Arab
gCaptain’s full coverage of Hapag-Lloyd, the German shipping and container transportation company.
By Jonathan Saul and Arno Schuetze LONDON/FRANKFURT, May 18 (Reuters) – German shipping line Hapag Lloyd is close to completing a merger with United Arab
FRANKFURT, May 12 (Reuters) – German container shipping firm Hapag-Lloyd on Friday said it should achieve higher earnings this year, based on
By Jonathan Saul and Arno Schuetze LONDON/FRANKFURT, March 28 (Reuters) – A merger of Hapag-Lloyd and United Arab Shipping Company (UASC) has hit a snag,
By Mike Wackett (The Loadstar) – Hapag-Lloyd recorded a profit of $46m in the final three months of 2016– a recovery too little too late to prevent the
By Mike Wackett (The Loadstar) – The delay in the merger between Hapag-Lloyd and UASC is due to some of the Gulf carrier’s creditor banks “seeking
By Mike Wackett (The Loadstar) – THE Alliance is to set up an independently managed trust fund to safeguard cargo operations should one of its liner
FRANKFURT, Feb 28 (Reuters) – German container shipping firm Hapag-Lloyd on Tuesday reported a 66 percent year-on-year fall in operating profit for 2016,
By Nicholas Brautlecht and Hannah Benjamin (Bloomberg) — Hapag-Lloyd AG boosted the volume of its first bond sale since 2014 by 100 million euros ($94
Hapag-Lloyd on Wednesday held a naming ceremony for the Valparaíso Express, the first of five new 10,500 TEU class post-panamax containerships to enter
by Gabriela Baczynska (Reuters) The European Commission on Wednesday said it has given its conditional approval to a merger between German container shipping
By Foo Yun Chee Nov 15 (Reuters) – German container shipping line Hapag-Lloyd is set to secure EU antitrust approval for its merger with United Arab
FRANKFURT, Nov 14 (Reuters) – German container shipping group Hapag-Lloyd reported a rise in third-quarter net profit and said it would press ahead with
By Nicholas Brautlecht (Bloomberg) — The collapse of Hanjin Shipping Co. will probably spark fresh consolidation among container lines as they attempt to
HAMBURG, Aug 26 (Reuters) – German container shipping line Hapag-Lloyd expects to reap a third of targeted annual synergies of $400 million from its
By Alessandro Pasetti (TheLoadstar) The interim results of Hapag-Lloyd were uninspiring, to say the least. Not only is the world’s
FRANKFURT, Aug 10 (Reuters) – German container shipping group Hapag-Lloyd said it dropped to a first-half operating loss as disappointing freight rates
By Nicholas Brautlecht (Bloomberg) — Hapag-Lloyd AG fell the most since its initial public offering in November as a forecast of lower profit and a
By Dinesh Nair and Nicholas Brautlecht (Bloomberg) — United Arab Shipping Co. is weighing a sale of its tanker business for oil and petrochemicals that
FRANKFURT, June 28 (Reuters) – German container shipping line Hapag-Lloyd AG has agreed a merger deal with United Arab Shipping Company (UASC), creating
By Jonathan Saul and Vera Eckert LONDON/FRANKFURT, May 13 (Reuters) – German container shipping firm Hapag-Lloyd has formed a new alliance with five
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