Hapag UASC Merger Update

by | Apr 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.

As you have come to expect from the UK’s leading independent logistics provider, Uniserve offer a full range of services and competitive pricing across all of the major alliances routes.

Uniserve were selected as the Sea Freight Provider Of The Year at the Global Freight Awards in November, thanks to our innovative and unique ocean freight full load services.

If you would like to find out more then please email info@ugroup.co.uk or call 01708 259400.

More News…..

Sydney: Storms Impact Logistics

Storms lashed Sydney and neighbouring regions early Wednesday morning, causing flash floods that have brought transport and logistics to a standstill.According to reports, within just two hours of the storm, Sydney had its average monthly rainfall.There has been a...

Snow Storms Impact US flights

As the Thanksgiving weekend came to a close on Sunday, airline flights faced delays and cancellations in the US Midwest due to a winter storm.Across the US, more than 1,250 flights had been canceled on Sunday and another 4,775 delayed, with nearly 275 U.S. flights...

China Expo Lands $58 Billion In Deals

The first ever China International Import Expo was held last week and reports suggest that around $58 billion of deals were agreed during its six day duration.Thousands of foreign businesses joined together with Chinese buyers to attend the trade event, which was held...

Share This

Please Share This Article

It only takes a couple of clicks and it would be greatly appreciated! Many Thanks