Merger gives Hapag-Lloyd access to mega-vessels

Hapag-Lloyd gains access to mega-vessels, and UASC gets a strong partner during uncertain times. This is why a merger makes sense, explains Lars Jensen from Seaintelligence Consulting. He also thinks that the 2M alliance could gain a new member.

The German carrier Hapag-Lloyd is on its way towards a merger with United Arab Shipping Company. | Photo: Hapag-Lloyd

It makes a lot of sense for Hapag-Lloyd and United Arab Shipping Company (UASC) to join forces.

The two container carriers announced on Tuesday that they are negotiating the creation of a new major German-Arab carrier, which would become the world's fourth-largest measured in capacity. And if this merger happens, it would be a very smart move on both sides, notes Lars Jensen, CEO of Seaintelligence Consulting.

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