Hapag-Lloyd and United Arab Shipping Company Merger is Finalized
Posted on 05/28/2017
The merger between Hapag-Lloyd AG and United Arab Shipping Company (UASC) has finalized. Hapag-Lloyd will continue to be headquartered in Hamburg, Germany and be registered as a publicly-traded company. The merger was signed back in July 2016. In addition, Hapag-Lloyd is forming a new regional headquarters in the Middle East. Essentially, USAC’s vessels are being […]
- Deals
- Europe
- Germany
- Hapag-Lloyd
- Kuwait Investment Authority
- Middle East
- PIF
- Qatar Investment Authority
- shipping
- United Arab Shipping Company
