Hapag-Lloyd and Chile-based container line CSAV are holding talks that could see the two lines come together to create the world's fourth-largest box shipping line. The two companies issued a statement in early December to confirm that talks over possibly combining their businesses or some other form of cooperation were taking place. It is understood that discussions are at a very early stage. Details on what form the merger will take are thin on the ground, with the shipping lines saying they will publish more information once they have made further developments.
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