Hapag-Lloyd CEO: No Big Shipping Mergers at Moment
Rolf Habben Jansen (Photo: Hapag-Lloyd)
The chief executive of German container shipping liner Hapag-Lloyd said he was not aware of major merger activities in the sector a day after a Reuters report said his company had been approached by French rival CMA CGM.
"We do not see major takeovers in the industry," Rolf Habben Jansen said in a statement issued on the day of the firm's annual general meeting in Hamburg.
"If at all, there are smaller tie-ups by niche players in the short term," he said.
(Reporting by Vera Eckert Editing by Arno Schuetze)
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