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New Hapag-Lloyd was born

Date:2018-03-20 Click:
On May 24, 2017, the official website of Hapag-Lloyd announced that the merger of Hapag-Lloyd and Arabian ships had been completed, and both officially became a company. This event has a significant historical significance for the two shipping companies and the global liner market.
 
In Hapag-Lloyd’s “To Hapag-Lloyd and Arabian Steamship Customers”, the new Hapag-Lloyd is one of the top five liner operators in the world and will use larger, more efficient and more environmentally friendly ships. , to provide customers with a range of important services worldwide.
 
However, it is worth noting that since the integration of the internal systems and processes of the two companies cannot be completed in the short term, both parties will continue to operate independently in the short term. It is expected that the first service of the Arab ship will be transferred to Hapag-Lloyd in July this year, while other services will be gradually transferred in the next few weeks.
 
It is understood that on June 29, 2016, Hapag-Lloyd officially confirmed that Hapag-Lloyd will merge with the Arabian ship and has since been formally merged for nearly a year. New Hapag-Lloyd is ranked 5th in the world, with a fleet size of 226 ships and a total capacity of 1.543 million TEUs, accounting for 7.4% of the world's total capacity.
 
Although Hapag-Lloyd’s move to integrate Arab ships did not improve its ranking in global liner capacity, it further narrowed the gap between Hapag-Lloyd’s and COSCO’s fourth-ranked shipping (8.3% of the world’s total capacity). difference. At the same time, by consolidating the container shipping resources of the Arab ships, it further consolidated its market position on the Nordic to North American trade routes, and achieved synergy and reduced operating costs.


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