News / Hapag-Lloyd gets EC competition green light to complete UASC merger

24/11/2016

The European Commission yesterday approved the merger between Hapag-Lloyd and UASC – subject to the latter withdrawing from the North Atlantic trade.

A Hapag-Lloyd spokesman told The Loadstar the company was “delighted” with the news.

With a combined capacity of 1,478,236 teu, the merger will make the new entity the fifth-largest ocean ...

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