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Hamburg Süd Seeks Options after Failed Hapag-Lloyd Merger Talks

Germany's second biggest container shipper Hamburg Süd is seeking options for the business after merger talks with bigger rival Hapag-Lloyd failed last year, Chief Executive Ottmar Gast said on Tuesday. "We are working on alternatives," Gast told reporters at the results news conference of Hamburg-Sued parent Oetker Group. Gast, who is part of the four-member management group of Oetker Group's holding company Dr.