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...Shipping groups such as Denmark’s AP Moller-Maersk, the world’s largest container shipping line and vessel operator, Swiss-Italian MSC, Germany’s Hapag-Lloyd and CMA CGM of France have struggled to deliver...
..., China’s Cosco Shipping Lines, Germany’s Hapag-Lloyd and France’s CMA CGM....
...Denmark’s Maersk Line itself is in the process of buying Hamburg Süd, the German group with a strong presence in Latin America; Hapag-Lloyd has taken over two competitors in recent years; CMA CGM bought...
...Hamburg Süd is particularly strong in so-called north-south trades that serve regions such as Latin America and Oceania....
...Its modest size is an advantage — “We continue where others turn back,” as Hapag-Lloyd have it....
...Hapag-Lloyd, which was ranked as the sixth-largest container ship fleet before the merger, was also on the brink of collapse in 2009, but was rescued in a complex deal with a consortium including Hamburg...
...The Hamburg grouping – known as the Albert Ballin consortium – currently controls 78 per cent of Hapag-Lloyd’s shares, while Tui, the travel company, controls the remainder....
...Klaus-Michael Kuehne, head of Kuehne & Nagel, the Swiss-based logistics group and a leading shareholder in Hapag-Lloyd, has previously voiced his support for a merger of Hapag-Lloyd and Hamburg Süd, the...
...(Financial Times) Two of the world’s highest-profile container shipping lines, Germany’s Hapag-Lloyd and Chile’s CSAV, are in talks about a potential merger that would create the world’s fourth-largest...
...Last year the Spanish lottery company shelved its $11bn IPO, as did Osram and Hapag-Lloyd in Germany, Europe’s strongest economy....
...Says the matter is on the agenda for a September 9 board meeting, where directors will also discuss options for the possible sale its stake in Hapag-Lloyd as part of an effort to focus on travel....
...“It’s very unlucky for CMA CGM that Marseilles is not as wealthy as Hamburg,” he said....
...The other big long-distance route, from Asia to North America, had already seen unusual overall falls in volume for 2007 over 2006....
...The draft law was publicised in the midst of the race for Hapag-Lloyd, operator of the fifth-largest container fleet....
...NOL has a market capitalisation of S$4.8bn (US$3.5bn), while Tui is believed to be seeking at least $6bn for Hapag-Lloyd....
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