The shareholders of Hapag-Lloyd and Hamburg Süd have discontinued talks about a possible merger for now. Hamburg Süd does not wish to comment publicly on the points that were discussed. However, unlike the impression created in the media, it wishes to state that the owners of Hamburg Süd do favour a merger of the two entities, if certain conditions are met.
The Advisory Board and Executive Board of Hamburg Süd remain firmly of the view that the merger between Hapag-Lloyd and Hamburg Süd would be of enormous benefit for both companies, as well as for the City of Hamburg.