German shipping group Hapag-Lloyd aims for speedy post-merger integration

May 25, 2017

Hapag-Lloyd (HLAG.DE) and Arab sector peer UASC are focused on speedy integration, Hapag's chief executive said after the German company announced completion of their delayed merger to creates the world's fifth-biggest shipping company. "We now not only have a very strong market position in Latin America and the Atlantic, but also in the Middle East, where we will become one of the leading carriers," CEO Rolf Habben Jansen said on Wednesday.

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