Container

Hapag-Lloyd and UASC push merger to late May

Container carriers Hapag-Lloyd and UASC postpone the deadline for the merger to late May 2017. Dynamar reports that the delay is caused by complex bank negotiations. The launch of The Alliance will not be affected, inform the carriers.
Photo: UASC
Photo: UASC
by DANIEL LOGAN

Hapag-Lloyd and United Arab Shipping Company, UASC, have agreed to push back the so-called long-stop date for the two carriers' planned merger, inform the parties in a press release Friday.

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