Hamburg Süd still considering merger

German container carrier Hamburg Süd is still thinking about a potential merger, says the carrier's Chairman Ottmar Gast following the company's annual report 2013.

Last year Hamburg Süd's marriage plans with Hapag-Lloyd collapsed when the two carriers were unable to agree on how to divide the power in the potentially merged company, which would have been the fifth largest container carrier in the world.

Since then, Hapag-Lloyd has decided to join forces with Chilean CSAV - a merger that is currently in its final stages.

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