Hapag UASC Merger Update

by | May 3, 2017

While the merger between ocean carriers Hapag Lloyd and UASC (United Arab Shipping Company) was delayed last month, UASC have still deployed their ships as part of the THE Alliance network from April 1.

The two steamship lines were originally set to merge during March of this year but recently confirmed this had been delayed. The Business Combination Agreement between them has now been extended until 31st May 2017.

In an announcement last Friday from UASC Vice president, Eric B Williams, the line advised their ships would be operating as part of THE Alliance and that the merger was expected to complete within the next couple of months.

THE Alliance is one of three major carrier groups that have aligned and committed to share routes and services from April 2017, the other two being the 2M Alliance and the Ocean Alliance.

If you would like to find out more then please email info@kemball.co.uk or call 01394 601500.

More News…..

Rising Costs at Southampton

Logistics operators are warning UK shippers and consignees using the country’s second busiest container gateway, Southampton, of higher landside rates, as costs rise as a result of growing box congestion as reported by the loadstar.. The Full Article can be read HERE...

ONE Gearing Up For Launch

ONE Line (Ocean Network Express) are gearing up for their official April launch, with a recent order of new containers and a new website. The newly branded shipping line, being created by the merging of the three major Japanese carriers K-Line, NYK and MOL, have...

Kemball Launch Multi Million Pound Depot

James Kemball Launches Multi-Million Pound Loaded Storage Depot at Felixstowe Port   Following a multi-million pound investment, container haulage company James Kemball has launched a new loaded container storage depot at the Port of Felixstowe with initial capacity...

Share This