Hapag-Lloyd, Hamburg Süd in Merger Talks

Tuesday, December 18, 2012
The “Aliança Manaus” at the new Chibatao Terminal in Manaus. Within the Hamburg Süd Group, Aliança is managed as an independent brand. As a Brazilian shipping company, it connects South America East Coast with Europe, North America and Asia. In addition, Aliança operates in the cabotage and Mercosur trade. (Photo courtesy Hamburg Süd Group)

The Executive Boards of Hapag-Lloyd AG and of Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (Hamburg Süd), in agreement with their shareholders, are investigating if, and under what conditions, a merger of both companies would be of interest.

Hapag-Lloyd is comprise of around 150 modern ships, five million TEU (Twenty-foot Equivalent Unit) transported in a year, 6,900 motivated staff at 300 locations in 114 countries, networked through an IT system that is the industry leader: Hapag-Lloyd is a leading global liner shipping company and a powerful partner for you.


Hamburg Süd in 2011 accounted for 107 containerships (43 owned, 64 chartered in) as well as 53 chartered tramp ship, with 4,468 employees (3,756 ashore, 712 at sea) and carrying 3.125m TEU.

 

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Nabors Posts Quarterly Loss as Drilling Activity Slows

Offshore driller Nabors Industries Ltd reported a quarterly loss, hurt by lower drilling activity amid a slump in global crude prices.   The company posted a net loss of $891.

Crowley Ships Massive Electrical Equipment

Crowley Maritime Corporation’s liner services group recently transported two massive electrical equipment enclosures with a combined weight of 196,000 pounds to San Juan, Puerto Rico.

Maersk Drilling Secures Contract for Newest Drillship

Maersk Drilling was awarded a contract from eni Ghana Exploration and Production Ltd. for employment of the newbuild drillship Maersk Voyager.   The contract

Container Ships

Lomar Adds Seven Container Ships to its Fleet

Lomar Corporation, a Libra Group company, has again added to its fleet of container ships with the purchase of three vessels plus an order for up to four new buildings from the Yangzijiang Shipyard,

25,000-TEU Ships Possible, Not Practical

Maersk Line CEO Soren Skou said ships with capacities of 25,000 twenty-foot-equivalent units are possible but not practical today, and that he expects 18,000-19,

'K' Line to Shrink Container Fleet

Japan's third-biggest shipping company Kawasaki Kisen Kaisha ('K' Line) plans to beef up its LNG and bulker vessels over the next four years, while downsizing its container shipping fleet.

 
 
Maritime Standards Naval Architecture Navigation Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3058 sec (3 req/sec)