Hapag-Lloyd’s Merger Talks With UASC ‘Will Bring Summer Marriage’

- , 30/05/2016, 17:18
A merger would provide Hapag-Lloyd access to UASC’s six Triple-Es, the world’s biggest container ships, which have become the weapon of choice in an arms race among the world’s major operators
Merger talks between German container - shipping operator Hapag-Lloyd AG and Dubai-based rival United Arab Shipping Co. are progressing well, and the companies will likely combine by the end of the summer, two people involved in the matter said.