Search Results for: Hapag-Lloyd

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Hapag-Lloyd Cruises orders two expedition ships

AUGUST 26, 2016 — Germany’s TUI Group is investing in two new vessels for its Hamburg based subsidiary Hapag-Lloyd Cruises. The two 240 passenger expedition ships will be designed and constructed by

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Hapag-Lloyd and UASC agree merger terms

JULY 18, 2016 — Hapag-Lloyd AG and United Arab Shipping Company S.A.G. (UASC) have now signed a Business Combination Agreement (BCA) to merge both companies, subject to regulatory and contractual approvals. “This

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Hapag-Lloyd and UASC in merger talks

APRIL 21, 2016 — Hapag-Lloyd AG (HL) and United Arab Shipping Company SAG (UASC) say they are currently discussing forms of cooperation including a potential combination of their mutual container shipping operations.

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Hapag-Lloyd and CSAV complete merger

DECEMBER 2, 2014 — Hamburg, Germany, headquartered Hapag-Lloyd and Valparaiso, Chile, headquartered Chilean Compañía Sud Americana de Vapores (CSAV) have completed a merger that will create the fourth largest container liner shipping

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Hapag-Lloyd reports $38 million loss for 2011

Container shipping giant Hapag-Lloyd turned in a net loss of €28.8 million (about $38 million) in 2011. According to the consolidated financial statements approved today by the Supervisory Board, Hapag-Lloyd increased its

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TUI to tender Hapag-Lloyd shares to Ballin consortium

Not that long after a December 5 statement from Singapore’s NOL saying that it “currently, is not making another bid for a stake in Hapag-Lloyd,” Germany’s TUI Group today announced “another major