© Khunaspix Dreamstime.

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.

Comment on this article

You must be logged in to post a comment.