SeaIntel: Much strength in German container merger

The merger of the two major German container carriers Hapag-Lloyd and Hamburg Süd will provide the new German giant with several advantages. And it will also change the container market as a whole.

The agreement has not yet been signed, but it has been reported that the world’s sixth and twelfth largest container carriers are merging into one major German player. Together, Hapag-Lloyd and Hamburg Süd will become a shipping company with several advantages, which will bring changes to the container market as a whole, writes SeaIntel in its weekly analysis.

The new alliance will be strong on the new markets, such as the routes to and from South America, as well as on the traditional transatlantic route.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

CEO appoints new J. Lauritzen investment team

Kristian Mørch, the former CEO of Odfjell and current CEO of investment firm J. Lauritzen, has already constructed his new team, which involves both shipping and investment industry professionals.

Related articles

Latest news

See all jobs