Container

Hapag-Lloyd submits bid on rival HMM

According to information obtained by ShippingWatch, Hapag-Lloyd has made an actual bid for the acquisition of major South Korean carrier HMM.
German Hapag-Lloyd is now a candidate to buy competitor and alliance partner HMM. | Photo: Pr / Hapag-lloyd
German Hapag-Lloyd is now a candidate to buy competitor and alliance partner HMM. | Photo: Pr / Hapag-lloyd
by TOMAS KRISTIANSEN

After several weeks of speculation about who will be the buyer of a 40 percent stake in Korean HMM, German container liner Hapag-Lloyd has now submitted a bid, according to information obtained by ShippingWatch.

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