Merger of Hapag and North German Lloyd
On 1 September 1970, Hapag and North German Lloyd merge into Hapag-Lloyd AG to cope with massive investments in the new era of container liner shipping. This marks the end of a Hanseatic interplay of competition and cooperation that had lasted 113 years.
Acquisition of CP Ships
The acquisition of British-Canadian shipping company CP Ships makes Hapag-Lloyd the fifth-largest container shipping company in the world. It is now also a market leader in Canada, Mexico and Australia.
Acquisition of CSAV’s container business
Hapag-Lloyd is now the world’s fourth-largest liner shipping company and a market leader in Latin America.
Initial public offering of Hapag-Lloyd AG
After the delisting of the Group in 2002 following its acquisition by Preussag AG (later TUI AG), Hapag-Lloyd is again listed on the Frankfurt and Hamburg stock exchanges beginning 6 November 2015.
Merger of Hapag-Lloyd and UASC
On 24 May, Hapag-Lloyd merges with UASC, a company based in the United Arab Emirates. The merger grows Hapag-Lloyd’s fleet to 230 vessels and gives the Company six large container ships for the first time, with a capacity of around 20,000 TEU.