Marine Link
Thursday, October 27, 2016

Hapag-Lloyd and Hamburg Süd Merger Work Suspended

March 25, 2013

The shareholders of Hapag-Lloyd and Hamburg Süd have jointly arrived at the conclusion to discontinue talks temporarily.

Hamburg Süd did not wish to comment publicly on the subject matter of the points under discussion. It did, however, expressly point out that the owners of Hamburg Süd – unlike the impression conveyed in various press articles – positively favor a flotation of the merged new company if certain conditions are met.

The Advisory Board and Executive Board of Hamburg Süd remain firmly of the view that the merger of Hapag-Lloyd and Hamburg Süd would be of enormous benefit for both companies as well as for Hamburg as a shipping location.

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News