Hapag-Lloyd and UASC complete merger

5 June 2017

Hapag-Lloyd and United Arab Shipping Company have completed the merger to become one combined company. This is a major milestone in the history of both companies. 

The “new” Hapag-Lloyd will be one of the top 5 global carriers. It will have an extensive global network – now with added focus in the Middle East. The combined company also boasts a larger, more efficient, and environmentally friendly fleet of vessels, allowing them to deploy the most effective vessel class in each of the trade lanes.

For the immediate future, the two companies will continue to operate independently as they work to integrate their internal systems and processes as quickly as possible. 

Kindly supplied by Multimodal

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