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Possible German liner combination seen as positive

Ocean

Wednesday, December 19, 2012

A merger between the German container shipping companies Hapag-Lloyd and Hamburg Süd is seen as positive by some analysts for both shippers and the two companies. The two companies released a brief statement on Tuesday saying they were “investigating if, and under what conditions, a merger of both companies would be of interest.” “I think it would be a great move, a great message for shippers and all the vendors,” said Rudy Mack, whose tenure as president of Hapag-Llo...

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