Hapag

Indeed, his attention to the Hamburg line, familiarly known as the "Hapag" line, from the initial letters of its legal title, "Hamburg-Amerika

William of Germany Stanley Shaw

Hapag-Lloyd AG — $700 million equivalent multitranche bond issue was priced for the global shipping company, one of the banks working on the deal said Thursday.

New Securities Issues 2010

The Hanover, Germany-based company said the marked decline in profits was largely due to the sale in the previous year of a majority stake in its container-shipping unit Hapag-Lloyd, as well as air-traffic disruptions caused by the volcanic ash cloud in Iceland earlier this year.

TUI Hilde Messer 2010

The company said it will book € 325 million in inflows from the sale of the administrative building of container shipping business Hapag-Lloyd to that company, as well as income from other real estate divestments and sale and lease back deals.

TUI Hilde Messer 2010

TUI also owns 43.3% of Hamburg's Hapag-Lloyd, one of the world's largest marine shipping companies.

TUI's Net Loss Narrows Hilde Arends 2010

Now TUI is offering to provide financing to its Hapag-Lloyd container-shipping business even after it is sold.

Crunch Breeds New Banks 2009

FRANKFURT -- German tourism and shipping company TUI AG Monday said it expects to make a full-year profit after swinging to a net gain in the first quarter, helped by the sale of its container shipping unit Hapag-Lloyd, but its quarterly net result was below analysts 'forecasts.

Disposal Boosts TUI's Net Profit 2009

TUI agreed to sell Hapag-Lloyd last year to Albert Ballin for an enterprise value of €4.45 billion ($5.72 billion).

Crunch Breeds New Banks 2009

In Hapag-Lloyd German conglomerate TUI AG agreed to sell a majority stake in its maritime shipping unit Hapag-Lloyd to a Hamburg-based consortium for about €2.45 billion ($3.29 billion).

TUI to Sell Stake 2008

As the board of tourism and shipping group TUI AG meets today, management is feeling pressure from major shareholders to resolve a dispute over the future of its Hapag-Lloyd shipping division.

TUI's Shipping Business in Focus 2008