Hapag Lloyd – UASC merger nears completion, likely to close by May end

Hapag Lloyd – UASC merger nears completion, likely to close by May end

Comments 3,544 comments

HAMBURG: Hapag Lloyd is close to completing a merger with United Arab Shipping Company (UASC) after UASC’s shareholders agreed terms to repay outstanding debts according to the sources.

The deal to create the world’s fifth-biggest shipping company, valued at about 7 billion to 8 billion euros ($7.8-$8.9 billion), would give Hapag Lloyd access to bigger ships on the major Asia to Europe trade route.

In fact Hapag Lloyd and Gulf-based banks involved in the talks demanded that UASC shareholders garner more funds to help the combined company through an unprecedented downturn in the container shipping industry, according to people familiar with the talks.

One said the Qatar Investment Authority (QIA) had offered the necessary assurances over its stake. Both added that syndicate banks had begun to receive the shareholder funds, clearing the way for formal completion.

A spokesman for Hapag Lloyd confirmed that the transaction was expected to close by the end of May as the parties worked through final financial details of the combination.

 

Source: Daily Shipping Times.

3,544 thoughts on “Hapag Lloyd – UASC merger nears completion, likely to close by May end”

  1. Thanks so much for giving everyone remarkably special possiblity to read articles and blog posts from this web site. It can be very awesome and stuffed with amusement for me personally and my office peers to visit your website nearly thrice in 7 days to study the new things you will have. And of course, I’m so always pleased with the tremendous knowledge served by you. Some 2 tips in this article are truly the finest I’ve ever had.

  2. A lot of thanks for every one of your effort on this site. Gloria take interest in setting aside time for investigation and it’s obvious why. My partner and i notice all relating to the dynamic form you produce great steps via the blog and in addition increase participation from others on that concept then our favorite princess is without question starting to learn a lot of things. Have fun with the remaining portion of the new year. Your performing a good job.

  4. I wanted to post you one very little observation to finally thank you so much yet again for your breathtaking things you’ve shown in this case. It’s unbelievably generous with you to convey publicly what a number of us would’ve sold for an electronic book in making some bucks on their own, most notably since you could have done it in the event you wanted. Those strategies likewise worked to be a fantastic way to fully grasp someone else have the identical dream really like my very own to see somewhat more related to this issue. I think there are a lot more pleasurable sessions in the future for individuals who look over your site.

  5. I simply needed to say thanks yet again. I’m not certain the things I would’ve used in the absence of the solutions discussed by you on this topic. It actually was an absolute terrifying condition for me personally, however , encountering your skilled approach you dealt with it took me to cry with delight. I will be happier for the help and sincerely hope you are aware of an amazing job you happen to be accomplishing teaching others via your blog post. More than likely you haven’t come across all of us.

  6. I intended to compose you that very little remark to help give many thanks again for those wonderful opinions you’ve featured on this site. This has been simply tremendously generous of people like you to deliver openly what exactly most of us could possibly have sold as an e-book to earn some bucks for their own end, even more so since you might well have done it in the event you wanted. Those suggestions in addition worked to provide a great way to know that the rest have the same eagerness like mine to figure out very much more when considering this condition. I believe there are lots of more fun situations in the future for many who look over your blog post.

  7. Thank you a lot for giving everyone an extremely pleasant chance to check tips from this site. It is always very cool plus full of a good time for me and my office co-workers to visit your site more than thrice in 7 days to see the fresh tips you will have. Of course, I’m also at all times satisfied considering the breathtaking ideas you serve. Certain 3 tips in this posting are indeed the most impressive we’ve had.

  8. I would like to show my appreciation to this writer just for rescuing me from this particular problem. Right after scouting through the online world and getting strategies that were not productive, I thought my life was done. Being alive without the presence of approaches to the issues you’ve resolved by means of your guideline is a serious case, and those that could have adversely affected my career if I hadn’t come across your blog post. Your primary understanding and kindness in controlling the whole lot was helpful. I am not sure what I would have done if I hadn’t encountered such a stuff like this. I’m able to at this point relish my future. Thanks so much for the reliable and sensible help. I will not be reluctant to suggest your blog post to anyone who will need tips about this subject.

  9. Needed to write you a little bit of remark to say thanks a lot as before for all the amazing pointers you’ve shown here. It’s shockingly open-handed of you to provide unhampered exactly what most of us could have offered for sale as an e-book to get some dough for their own end, principally since you could possibly have done it if you ever wanted. These tips in addition served to provide a fantastic way to know that the rest have the same desire much like my very own to figure out a little more in respect of this condition. I am certain there are numerous more enjoyable times in the future for individuals who scan your site.

  10. I not to mention my pals ended up digesting the great helpful tips found on the website and the sudden I had an awful feeling I never thanked you for those secrets. All of the guys are actually joyful to read through them and have surely been making the most of them. Thanks for simply being quite kind and then for selecting certain good ideas millions of individuals are really wanting to be aware of. Our own honest apologies for not saying thanks to you earlier.

  11. I would like to express my gratitude for your kind-heartedness giving support to those individuals that require help with this particular topic. Your personal commitment to passing the solution throughout has been quite beneficial and have without exception enabled individuals much like me to realize their endeavors. Your amazing important instruction implies a lot a person like me and somewhat more to my peers. Thanks a ton; from everyone of us.

  12. I have to show my thanks to the writer just for rescuing me from this condition. Because of looking out throughout the the net and getting basics which were not pleasant, I was thinking my entire life was over. Living without the presence of strategies to the problems you have sorted out by means of this blog post is a crucial case, and the kind that might have adversely damaged my career if I had not come across your web blog. Your expertise and kindness in touching all the stuff was important. I am not sure what I would have done if I hadn’t discovered such a thing like this. I’m able to at this moment look forward to my future. Thanks for your time very much for this high quality and amazing guide. I won’t hesitate to recommend the website to anyone who needs guidelines about this area.

  13. I’m also commenting to let you understand of the great discovery my friend’s daughter went through visiting your webblog. She even learned so many pieces, which include how it is like to possess a very effective teaching character to let the rest without problems master selected hard to do subject areas. You really did more than visitors’ expectations. Thanks for giving the effective, healthy, explanatory and even cool tips on the topic to Jane.

  14. I truly wanted to develop a simple message in order to appreciate you for all of the stunning tips and tricks you are posting here. My extended internet investigation has finally been paid with useful points to share with my good friends. I ‘d believe that many of us website visitors are rather endowed to exist in a very good community with so many awesome individuals with interesting suggestions. I feel very much happy to have encountered your webpage and look forward to really more enjoyable minutes reading here. Thank you once again for a lot of things.

  15. Thank you a lot for providing individuals with a very nice chance to discover important secrets from here. It really is so brilliant and jam-packed with amusement for me and my office mates to visit your site on the least three times in one week to learn the latest stuff you will have. And lastly, we’re always motivated with your magnificent pointers you serve. Selected 2 points in this post are particularly the most effective I have had.

  16. I’m just commenting to make you be aware of of the outstanding encounter my cousin’s child had checking your site. She discovered some things, with the inclusion of what it is like to possess an ideal coaching spirit to make other folks with ease learn about a variety of hard to do subject areas. You really exceeded our expectations. I appreciate you for producing the beneficial, trusted, informative and also fun guidance on your topic to Kate.

  17. Needed to create you the very little note to help say thank you yet again relating to the beautiful tips you’ve provided in this article. This is quite remarkably generous with you to give unreservedly what many people would have supplied as an e book to get some profit for their own end, principally now that you might well have tried it in the event you considered necessary. These points as well served as a good way to comprehend other individuals have a similar passion like my very own to know a lot more on the topic of this condition. I am certain there are lots of more pleasant moments up front for individuals who check out your site.

  18. I have to get across my admiration for your kind-heartedness giving support to men and women who should have assistance with this one idea. Your real dedication to passing the message up and down came to be extraordinarily informative and have constantly enabled regular people much like me to arrive at their endeavors. Your warm and helpful help means a great deal a person like me and especially to my peers. Regards; from everyone of us.

  19. I’m also writing to make you understand what a fabulous experience my girl found viewing the blog. She came to find such a lot of details, with the inclusion of what it is like to possess a very effective teaching nature to make many people with no trouble fully grasp a number of grueling subject matter. You truly surpassed visitors’ expectations. I appreciate you for delivering such essential, safe, informative and unique thoughts on that topic to Kate.

  20. Thank you so much for providing individuals with such a superb opportunity to read critical reviews from this website. It is often very brilliant and also packed with fun for me and my office mates to visit your site particularly three times every week to find out the newest guides you have got. Of course, we are always pleased with all the gorgeous concepts you give. Selected 2 ideas on this page are without a doubt the most suitable we have had.

  21. My wife and i were joyful that John managed to deal with his researching while using the precious recommendations he received out of the web site. It’s not at all simplistic just to choose to be offering methods which other people might have been trying to sell. And we all know we now have the writer to be grateful to for this. These explanations you have made, the straightforward website menu, the relationships you can help to promote – it’s most fabulous, and it’s really letting our son and us consider that this situation is enjoyable, and that’s exceedingly mandatory. Thanks for all the pieces!

  22. I precisely needed to say thanks once again. I’m not certain the things that I would have worked on without those methods discussed by you relating to my situation. It became a real horrifying crisis in my circumstances, nevertheless seeing this expert style you solved it took me to cry over joy. Now i’m happier for the information and in addition sincerely hope you find out what an amazing job you were accomplishing instructing the mediocre ones thru a web site. Probably you have never met all of us.

  23. I’m commenting to make you be aware of what a notable experience our princess had checking your webblog. She discovered numerous pieces, with the inclusion of what it is like to possess an ideal giving mindset to make the mediocre ones just know a variety of complex issues. You really did more than people’s expectations. Thank you for producing such essential, trustworthy, educational and in addition cool tips on your topic to Julie.

  24. Thank you so much for giving everyone an extremely nice opportunity to read articles and blog posts from this website. It is usually so enjoyable and also full of amusement for me and my office friends to search your website no less than three times in a week to study the newest guidance you have got. Of course, I am also actually impressed considering the special techniques served by you. Selected 1 tips in this post are indeed the most impressive we’ve ever had.

  25. I have to show my gratitude for your kind-heartedness in support of those people that need help with this one idea. Your special dedication to passing the solution all around turned out to be quite helpful and have all the time permitted ladies just like me to arrive at their aims. Your own warm and friendly help denotes a lot to me and additionally to my office workers. Warm regards; from everyone of us.

  26. Needed to write you a very small remark just to give many thanks yet again for your personal gorgeous strategies you’ve contributed on this page. This has been certainly tremendously generous with you to offer without restraint what many people could possibly have offered as an e-book in making some money for their own end, and in particular given that you could have tried it if you ever desired. These concepts also acted to provide a fantastic way to be aware that other people online have the identical fervor really like my very own to find out a lot more in respect of this problem. Certainly there are lots of more pleasant opportunities ahead for many who take a look at your site.

  27. I together with my guys were looking through the excellent advice located on your website and so quickly I got a terrible suspicion I had not expressed respect to the site owner for them. These women are already stimulated to study them and have now pretty much been taking advantage of those things. Many thanks for genuinely considerably helpful and for going for this form of good guides most people are really eager to be informed on. Our own sincere apologies for not saying thanks to you earlier.

  28. A lot of thanks for all your hard work on this website. Debby takes pleasure in getting into investigation and it’s really easy to understand why. Most people know all relating to the lively ways you offer practical thoughts on this blog and even improve contribution from others on the idea plus our own princess is actually discovering a whole lot. Enjoy the rest of the new year. You’re carrying out a brilliant job.

  29. I wish to express my thanks to you just for bailing me out of this scenario. After researching through the the web and coming across solutions which were not pleasant, I assumed my life was well over. Living without the solutions to the difficulties you have resolved by means of this site is a crucial case, and those that might have adversely damaged my entire career if I had not noticed the blog. The natural talent and kindness in playing with all the details was useful. I don’t know what I would’ve done if I had not encountered such a step like this. It’s possible to at this point look forward to my future. Thank you very much for this reliable and amazing guide. I won’t hesitate to refer your site to any individual who desires guide about this area.

  30. I’m writing to make you be aware of what a useful discovery my cousin’s child enjoyed browsing yuor web blog. She even learned a wide variety of things, most notably what it’s like to have an awesome teaching spirit to have many people just fully understand specified impossible topics. You really surpassed readers’ desires. Many thanks for imparting the effective, healthy, educational and cool tips about the topic to Gloria.

  31. I not to mention my buddies were following the excellent tactics found on your web site and then at once came up with an awful suspicion I never thanked the web blog owner for those techniques. All the young boys had been totally thrilled to study them and have in effect absolutely been taking pleasure in these things. Appreciate your getting well considerate and then for making a decision on this kind of essential information most people are really wanting to know about. My personal sincere apologies for not expressing appreciation to earlier.

  32. I must express some appreciation to this writer just for rescuing me from such a setting. Right after browsing throughout the internet and coming across principles which were not powerful, I believed my life was over. Existing minus the answers to the issues you’ve resolved as a result of this write-up is a serious case, and the kind that might have negatively damaged my entire career if I had not discovered your web page. Your primary ability and kindness in taking care of all the things was very helpful. I’m not sure what I would have done if I had not discovered such a stuff like this. I can also now look ahead to my future. Thank you so much for your reliable and amazing help. I will not be reluctant to refer your web page to any individual who needs and wants guidance about this situation.

  33. I and also my guys appeared to be reviewing the nice secrets and techniques found on your web page and then at once got a terrible feeling I never thanked the blog owner for those techniques. All of the young boys became so joyful to read through all of them and already have seriously been tapping into them. Appreciation for being well thoughtful as well as for getting such notable issues millions of individuals are really eager to understand about. My personal honest regret for not saying thanks to sooner.

  34. Thanks a lot for giving everyone an extremely marvellous opportunity to read critical reviews from this site. It is often so sweet and also stuffed with a great time for me and my office acquaintances to visit your blog a minimum of three times per week to learn the newest items you have got. Of course, I’m just at all times satisfied with all the attractive information served by you. Certain 2 areas in this posting are in fact the most impressive we have ever had.

  35. I and my guys ended up viewing the good items located on your web site and then unexpectedly I got an awful feeling I never expressed respect to the site owner for those techniques. Most of the men were for that reason joyful to study all of them and have honestly been taking pleasure in them. Many thanks for really being quite kind and then for obtaining this sort of perfect guides millions of individuals are really eager to know about. My personal honest apologies for not expressing gratitude to you sooner.

  36. I enjoy you because of all of your effort on this site. My niece delights in participating in investigations and it’s really easy to see why. We all hear all of the compelling mode you produce both interesting and useful guides on this web site and inspire participation from website visitors on this situation while our favorite girl is studying a lot of things. Enjoy the remaining portion of the new year. You are doing a very good job.

  37. I in addition to my friends were actually digesting the best techniques from your web site and then unexpectedly developed a horrible feeling I never thanked the website owner for those strategies. My women are already absolutely excited to learn them and now have in reality been making the most of those things. Many thanks for simply being indeed thoughtful and then for picking out this kind of incredibly good subjects most people are really eager to discover. Our own sincere apologies for not expressing appreciation to you earlier.

  38. I definitely wanted to write a message to be able to appreciate you for these lovely guides you are sharing on this site. My incredibly long internet lookup has at the end been rewarded with extremely good ideas to write about with my visitors. I ‘d claim that many of us website visitors are unquestionably blessed to dwell in a great community with very many outstanding people with valuable principles. I feel extremely blessed to have used your entire webpages and look forward to so many more exciting times reading here. Thank you once again for everything.

  39. I definitely wanted to write down a simple message to be able to express gratitude to you for these remarkable information you are sharing at this site. My long internet search has now been rewarded with good facts and strategies to exchange with my contacts. I ‘d tell you that most of us website visitors actually are undoubtedly endowed to be in a superb place with so many brilliant people with helpful ideas. I feel somewhat grateful to have come across the website and look forward to really more cool times reading here. Thanks once again for all the details.

  40. I not to mention my guys were found to be going through the good advice located on your web page and then at once I had an awful suspicion I never expressed respect to the website owner for them. Most of the boys are actually for this reason warmed to read all of them and now have really been using them. Appreciation for genuinely quite considerate and for choosing some excellent areas most people are really desperate to discover. Our own sincere regret for not expressing appreciation to you sooner.

  41. I needed to write you that very little remark to help thank you very much yet again with the lovely strategies you have contributed at this time. This is quite seriously open-handed with you to convey openly what a number of us could have offered for sale as an electronic book to earn some cash on their own, most importantly since you might have done it if you desired. The thoughts additionally worked as the easy way to fully grasp that many people have a similar interest similar to mine to know more with reference to this matter. I am certain there are a lot more fun opportunities in the future for individuals that look into your blog.

  42. I wish to express appreciation to you just for bailing me out of this particular setting. As a result of surfing around through the the web and getting concepts that were not powerful, I figured my life was done. Existing without the solutions to the difficulties you’ve solved as a result of your guide is a critical case, as well as the kind that might have negatively affected my career if I hadn’t noticed your website. Your personal competence and kindness in dealing with all the pieces was tremendous. I’m not sure what I would have done if I had not encountered such a thing like this. I’m able to now relish my future. Thanks very much for this high quality and effective help. I won’t be reluctant to suggest your web page to any person who needs guidance about this subject.

  45. I wish to express my appreciation for your generosity for women who have the need for assistance with this one theme. Your special dedication to passing the solution around became wonderfully important and has without exception enabled those just like me to reach their desired goals. The interesting guideline indicates much to me and even more to my office workers. Warm regards; from all of us.

  50. Thank you a lot for providing individuals with an extremely pleasant opportunity to read critical reviews from this website. It’s usually so useful plus stuffed with fun for me and my office friends to visit your website at the very least thrice in 7 days to see the newest guides you have got. And definitely, I am also always astounded considering the fabulous tips and hints you serve. Selected 2 ideas in this article are essentially the most impressive we have all had.

  67. I must express my thanks to you for bailing me out of this crisis. As a result of searching through the online world and getting thoughts which are not helpful, I figured my entire life was well over. Living minus the solutions to the problems you’ve sorted out by means of this short article is a critical case, as well as the kind that could have adversely affected my entire career if I had not come across the website. Your primary skills and kindness in controlling all areas was helpful. I am not sure what I would have done if I hadn’t discovered such a step like this. I can at this time look ahead to my future. Thank you so much for the impressive and result oriented help. I will not think twice to recommend your blog to any individual who requires guidance on this matter.

  77. Thanks for all of your efforts on this site. Ellie really loves carrying out internet research and it’s really easy to understand why. Many of us notice all concerning the lively manner you present valuable information via your web blog and as well as welcome response from others about this issue while my daughter is really understanding a whole lot. Take pleasure in the rest of the new year. Your performing a great job.

  82. Thank you for your entire effort on this web page. My niece loves making time for investigations and it’s obvious why. A number of us hear all concerning the lively form you present very useful suggestions through the website and as well as inspire participation from other people on the subject plus our favorite princess is undoubtedly becoming educated so much. Enjoy the remaining portion of the year. You are always performing a pretty cool job.

  108. I must get across my love for your generosity in support of men and women who need help with this one concern. Your personal dedication to passing the message up and down had been unbelievably helpful and has truly permitted guys and women just like me to reach their ambitions. Your own informative advice indicates so much to me and even further to my fellow workers. Best wishes; from everyone of us.

  115. My spouse and i have been so joyful when Emmanuel managed to deal with his investigation from the ideas he had from your web page. It’s not at all simplistic to just choose to be releasing steps which many people could have been making money from. And we figure out we need you to thank for that. All of the illustrations you’ve made, the straightforward blog menu, the relationships you can assist to promote – it’s all excellent, and it is letting our son and us recognize that that concept is awesome, which is particularly essential. Thanks for everything!

  129. My spouse and i ended up being really thrilled Chris could complete his investigations through the entire ideas he received out of your web page. It’s not at all simplistic to simply be giving freely strategies which some people might have been selling. So we discover we have the website owner to appreciate for that. The specific explanations you have made, the simple site navigation, the relationships your site aid to instill – it’s many extraordinary, and it’s aiding our son and our family consider that that topic is amusing, which is unbelievably indispensable. Many thanks for everything!

  142. I’m writing to let you understand of the incredible experience my cousin’s girl undergone going through your web site. She came to find too many pieces, which included what it is like to possess a very effective teaching heart to let certain people just have an understanding of a variety of impossible subject areas. You undoubtedly did more than my expectations. Thank you for delivering those good, dependable, explanatory and cool tips on this topic to Gloria.

  157. I wish to express some appreciation to the writer for bailing me out of this issue. After looking out through the the web and coming across notions which are not pleasant, I figured my entire life was over. Being alive without the presence of strategies to the problems you’ve solved all through your good article content is a critical case, and the kind which could have in a wrong way affected my entire career if I hadn’t encountered your website. That knowledge and kindness in playing with all the details was vital. I don’t know what I would’ve done if I hadn’t discovered such a subject like this. I am able to at this time look forward to my future. Thanks so much for your specialized and effective guide. I will not hesitate to suggest the blog to anyone who requires guide on this issue.

  165. I wanted to send you a little bit of observation to say thank you again for those unique suggestions you’ve shared on this site. This is quite incredibly generous of you to provide without restraint exactly what numerous people could possibly have marketed as an electronic book to earn some cash for themselves, mostly considering that you could have tried it if you ever considered necessary. The tactics as well worked to be the good way to fully grasp many people have similar interest just like my personal own to figure out more concerning this matter. Certainly there are some more fun situations up front for individuals that read through your blog.