German Hapag-Lloyd's acquisition of much smaller container carrier CSAV may have been a bad investment, as a big part of CSAV's value consists of goodwill and immaterial assets, says Alphaliner in a new analysis.
BY LOUISE VOGDRUP-SCHMIDT
The world's fourth-largest container carrier is called Hapag-Lloyd following the German carrier's acquisition of Chilean CSAV on December 2nd. But how sound was the investment, asks Alphaliner in a new analysis.
Following the full takeover of multipurpose operator Intermarine, Harren Group assumes full control over German SAL Heavy Lift and American Intermarine, with the combined fleet now totaling 50 project cargo carriers.