The recent suspension of merger talks between Hapag-Lloyd and Hamburg Süd reminds us that while consolidation may have been the buzzword for over a decade in container shipping, the reality of valuing and combining even two well suited companies...
Hamburg: Merger talks between Hapag-Lloyd and Hamburg Süd have been suspended by Hamburg Süd's owners the Oetker Group as the two sides failed to reach an agreement on the partnership.
Hamburg: Container line Hapag-Lloyd's net loss widened in 2012 as bunker costs bite amid low cargo volumes and weak freight rates.