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Hapag-Lloyd and Hamburg Sud Tease With Merger Talk

German container ship operators Hapag-Lloyd and Hamburg Sud are to consider possible merger talks, according to a brief but less than detailed press release issued by both companies.

Earlier this year Hapag-Lloyd’s biggest single investor, Klaus-Michael Kuehne told a German newspaper he thought the two companies should merge so that their combined forces could compete with the biggest containership operators, Maersk, MSC and CMA-CGM.

More at the Shipping Times

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