Independent journal on economy and transport policy
07:47 GMT+2
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A new concentration in the field of line with the project of fusion of Hapag-Lloyd and UASC is outlined
the relative appraisal of the two businesses has defined quotas pairs respective to 72% and 28%
April 21, 2016
An important new is outlined concentration in the field of the marine transport of line. The shipowning company German Hapag-Lloyd and the Middle Eastern United Arab Shipping Company (UASC), that it has center to Dubay, has in fact in course negotiations for the possible fusion of the respective activities in the segment of the container, that they constitute Core business of the two companies, on the falsariga of the operation that the same Hapag-Lloyd has put into effect to end 2014 with Chilean CSAV ( on 2 December 2014).
The two companies have confirmed today the negotiations in course for an eventual fusion and have specified that the project is based on a relative appraisal of the two businesses that fixed in a quota pairs to 72% for the activities of the Hapag-Lloyd and to 28% for those of the UASC.
Currently Hapag-Lloyd has a fleet of 177 ships that have a containerized cargo ability of beyond 920 thousand teu, while UASC has a fleet constituted from 59 portacontainer with a cargo ability pairs almost 550 thousand teu. With the performance of the fusion the new company would have the fourth world-wide fleet for cargo ability in the segment of the transport of line regarding sixth and to the tenth place in the ranking currently occupied respective from Hapag-Lloyd and UASC.
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