Hapag-Lloyd and CSAV complete merger to become fourth largest line

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By LoadstarEditorial

02/12/2014

The path is clear: Hapag-Lloyd and the Chilean Compañía Sud Americana de Vapores (CSAV) are joining forces, by merging CSAV´s container business activities into Hapag-Lloyd, becoming the fourth-largest liner shipping company in the world. The corresponding contracts for the merger of the two companies were signed back in April in Hamburg. With approval from all the relevant global authorities all condition precedents were fulfilled.

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Topics

CSAV Hapag-Lloyd Merger Mania Maersk Ocean Network Express (ONE) THE Alliance Yang Ming Marine Transport

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