The container shipping companies have informed that their merger has been completed; however, it will take some time before their operations are fully combined.
As such, the two entities will continue to operate independently for the immediate future, working at the same time towards integrating their internal systems and processes.
The first services of UASC will be transferred to Hapag-Lloyd in mid-July, gradually followed by others over the subsequent weeks.
Hapag-Lloyd and UASC will inform on the integration progress through a weekly transition newsletter.
As of today, the joint fleet of Hapag-Lloyd and UASC encompasses 223 container carriers (of which 115 are owned, and 108 chartered), totalling 1,533,866 TEU, and making it the world’s 5th biggest. There're also two vessels in the order book, set to add 29,986 TEU once delivered.