Hapag-Lloyd Board clears UASC merger agreement

The Hapag-Lloyd Board of Directors has approved the merger with United Arab Shipping Company, UASC, and the latter will now decide on the matter at an extraordinary board meeting on Wednesday.
Photo: PR-foto/Hapag-Lloyd
Photo: PR-foto/Hapag-Lloyd

A merger of Hapag-Lloyd and United Arab Shipping Company (UASC) has now moved a step closer after the two container carriers reached agreement on the conditions of a merger.

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