Hapag-Lloyd's Positive Results Raises Spectre Of Sale

TUI, the German tourism giant, is reportedly planning to sell up to half of its 43.33% stake in German container line Hapag-Lloyd. A number of potential suitors, however, have stated that they do not wish to participate. CFW notes that although the box-shipping sector is recovering well from the downturn, Hapag-Lloyd's lack of exposure to intra-Asia, the major area of interest for container shippers, could put off potential investors.

To read the full article, please choose one of the following options: