News / CMA CGM chiefs eye 'significant' operational synergies in plan for integrating APL

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On the assumption that CMA CGM’s acquisition of NOL receives the approval of anti-trust authorities next year, senior executives are drafting integration plans for the two shipping groups.

In the case of Hapag-Lloyd’s takeover of CSAV’s container business, overlaps in services and rationalisation enabled the German carrier to return a number of chartered vessels to their owners, which played a significant part in an estimated $400m of annual savings from the merger.

And by combining back office functions Hapag-Lloyd shut down or ...