Independent journal on economy and transport policy
12:29 GMT+2
This page has been automatically translated by Original news
Melted the Albert Ballin consortium that controls Hapag-Lloyd
It is not more necessary in order to safeguard the strategic interests of Amburgo
October 28, 2013
The consortium Hamburgische Seefahrtsbeteiligung is melted "Albert Ballin" GmbH & Co. that she is shareholder of control of the shipowning company Hapag-Lloyd and that is constituted in 2008 by the city administration of Amburgo with Maritime German investor between which Kühne, Signal Iduna and HSH Nordbank ( on 20 May 2008). "Die Tageszeitung" has announced today the German daily paper explaining of to have had confirmation of the news from the department of Finances of Amburgo. The consortium - it has declared the spokesman of the department, Daniel Stricker, to the newspaper - "is not more necessary in order to safeguard the strategic interests of Amburgo". When it is constituted, in fact, the consortium had evidently the objective to preserve the German property of the Hapag-Lloyd, that it was object of attempts of takeover between which that of the shipowning group Neptune Orient Lines (NOL) of Singapore ( on 22 July 2008).
Every shareholder - she has specified Striker without to supply other details - could beginning from have placed term to the consortium next 31 December, but the issolution is carried out three months before with a notarial deed.
We remember that Hapag-Lloyd is participated also by tourist group German TUI, that stops remaining 22% about of the capital stock and that has the objective to yield own quota through an initial public offer that would have to be carried out in the second half of the year of the next year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher