Analysis: Container merger looks dead in the water

Difficult to see the point behind a merger between Hapag-Lloyd and Chilean CSAV, says Alphaliner in a new analysis. Both carriers lose market shares in South America and money is pouring out of the Chilean carrier.

BY KATRINE GRØNVALD RAUN

A merger or another form of close collaboration between German Hapag-Lloyd and Chilean CSAV already looks to be dead in the water due to the carriers' latest operating results and their ownerships, which seem to lack a clear strategic direction, says analysts Alphaliner.

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