Banner

Banner
Banner

Baird Maritime News Alerts

Banner

Magazine Archive

FREE online issues of Baird Magazines (delayed two months):

Baird Maritime Magazine

Work Boat World

Ships and Shipping

Ausmarine

Weekly Poll

Is third-party seafood labelling good for the fishing industry?
 
Hapag-Lloyd merger approved by UASC’s shareholders
Tuesday, 05 July 2016 16:56

United Arab Shipping (UASC) shareholders have voted unanimously to approve a proposed merger with Hapag-Lloyd.

All six of UASC’s shareholding states approved the merger during an extraordinary general meeting (EGM) held UASC’s corporate office in Dubai.

Once regulatory approvals are received, the integration of some activities are expected to begin. However, both companies will still continue to operate in their current alliances until the end of March 2017.

Hapag Lloyd’s supervisory board has already approved the merger, but the company’s shareholders will not meet until August to discuss the deal.

Cialis Side Effects is just like any other medication yet do not need to worry and expect that all is bad. There is nothing surprising in this. All is simple and clear.