Monday 27 June 2016

Hapag-Lloyd teams up with Asian rivals in new shipping alliance

Germany's Hapag-Lloyd has teamed up with five Asian container shipping firms to form a new international alliance, the latest such arrangement in the troubled industry. Hapag-Lloyd said on Friday that the alliance is due to be


Hapag-Lloyd deal to win EU approval

Hapag-Lloyd and Compania SudAmericana de Vapores will win conditional European Union approval for their merger that will create the world's fourth-largest container shipping company, sources said. The tie-up is important for t


Oman signals intent to buy Hapag-Lloyd stake

An Omani state-owned fund has told TUI AG in writing that it wants to buy a stake in container liner shipping firm Hapag-Lloyd from the German tourism group, a person familiar with the matter said. There is no binding agreement yet, though


Oman firm takes 15pc stake in Hapag-Lloyd

Omani state-owned Onyx Investments has taken a 15 percent stake in German container shipping company Hapag-Lloyd, an official at the parent company of Onyx said on Monday.     "Onyx Investments has bought a 15 percent

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