Hapag Lloyd-UASC merger hits snags over future share ownership – sources

A merger of Hapag-Lloyd and United Arab Shipping Company (UASC) has hit a snag, with the German shipping line and some banks seeking assurances that UASC’s top shareholder Qatar remain committed to the deal for the long term, sources say.

Hapag Lloyd scrapes by after Q3 rates tumble

Hapag Lloyd booked profits of just EUR3.2m ($3.4m) in Q3, as freight rates drop and the boost from its December merger with CSAV’s container arm CCS begins to normalise. ...

CSAV increases to 34% its shareholding in Hapag Lloyd

Compañía Sud Americana de Vapores (CSAV) subscribed Friday in Hamburg the capital increase in Hapag-Lloyd, ...