upon a single source . relevant discussion may be found on the talk page . please help improve this article by introducing citations to additional sources . december 2007 hapag lloyd type aktiengesellschaft isin de000hlag475 industry liner shipping genre shipping line founded 1847 headquarters hamburg germany area served worldwide key people rolf habben jansen ceo nicol s burr cfo anthony james firmin coo owner 31.4 % csav chile 20.6 % hgv germany 20.2 % k hne maritime germany 12.3 % tui ag germany 15.5 % freefloat number of employees 9 300 website http www.hapag lloyd.com hapag lloyd 40 container stacked on intermodal train hapag lloyd is a german transportation company comprising a cargo container shipping line hapag lloyd ag which in turn owned other subsidiaries such as hapag lloyd cruises . hapag lloyd ag is the world s fifth largest container carrier in terms of vessel capacity . the company was formed in 1970 as a merger of two 19th century companies hapag which dated from 1847 and norddeutscher lloyd ndl or north german lloyd ngl which was formed in 1856 . hapag lloyd was acquired in 1998 by tui ag hanover and became its fully owned subsidiary in 2002 . in 2009 tui sold a majority stake to a group of private investors and the city of hamburg the so called albert ballin consortium . the main founders of hapag and lloyd in the 19th century were berenberg bank fritz albert haas and h. j. merck & co. . in february 2012 the german company tui sold more shares of the german owned company hapag lloyd to the city of hamburg which is the largest share holder with approx . 37 % followed by kuehne maritime with 28 % and tui ag with 22 % . the other shareholders are hamburg based banks and insurances . in 2013 hapag lloyd and csav started merger talks which ended in hapag lloyd taking over the container business of chile s csav in december 2014 . in exchange for contributing its container business csav received 30 % of the shares in the enlarged hapag lloyd company . after a capital increase by csav and k hne maritime in december 2014 the actual owners of hapag lloyd are csav 34 % the city of hamburg 23.2 % k hne maritime 20.8 % tui 13.9 % signal iduna 3.3 % hsh nordbank 1.8 % an investor pool led by the hamburg based private bank m.m.warburg & co 1.8 % and hansemerkur 1.1 % . the integration of the csav container business into hapag lloyd was concluded in 2015 making hapag lloyd one of the market leaders in the latin american markets besides its already existing leading position on the north atlantic . 1 contents 1 history 1.1 hapag 1.2 north german lloyd 1.3 hapag lloyd 1.3.1 airline activities 2 cp ships limited 3 hapag lloyd cruises ships 3.1 former ships 3.2 chartered ships 4 see also 5 references 6 external links history edit hapag lloyd was formed in 1970 through a merger of hamburg america line hapag and the north german lloyd . hapag edit main article hamburg america line headquarters of hapag lloyd in hamburg the hamburg amerikanische paketfahrt aktien gesellschaft for shipping across the atlantic ocean was founded in hamburg . in 1912 hapag built the first of their big three ocean liners ; the imperator followed by her sister vaterland . the third sister bismarck was under construction at the outbreak of world war i and was completed after the war for white star line as the majestic . these were the first liners to exceed 50 000 gross tons and 900 feet in length . during world war i the majority of hapag s fleet of 175 ships were wiped out and most of the surviving ships including the big three had to be turned over to the winning side as war reparations . after war s end hapag rebuilt its fleet with much smaller ships than before the war but their fleet was again mostly wiped out during world war ii with surviving ships turned over to allied powers . see also 1900 hoboken docks fire and albert ballin north german lloyd edit main article norddeutscher lloyd the ndl liner kaiser wilhelm ii which made its maiden voyage in 1903 flagships of north german lloyd bremen and europa norddeutscher lloyd ndl was formed in 1856 in the city state of bremen offering passenger and cargo transportation between bremen and new york with an emphasis on emigration to the united states . service started in june with the bremen the first of three steamships and the company established its american base at hoboken new jersey . ndl eventually built a large fleet of ships that carried many thousands of emigrants westwards with a peak of 240 000 passengers across the atlantic in 1913 alone . 2 the outbreak of world war i resulted in the internment of its 135 vessel fleet at hoboken which status was changed to confiscation when the us entered the war in 1917 . likewise its hoboken base was confiscated and turned over to the us navy which used it as a transshipping point for the duration . 2 operations were resumed in 1922 when ndl was able to purchase its former base from the united states alien property administrator . ndl launched a new bremen and europa in 1929 30 . 2 at the start of world war ii ndl repeated the world war i experience with its fleet again being confiscated when the us entered the war in 1941 . the lone exception was the bremen which raced across the atlantic and achieved protection at murmansk in 1939 later moving on to her namesake city where she remained for the duration of the war . 2 passenger service resumed in 1954 with the ms berlin formerly the swedish american line s gripsholm . later two other second hand ships ss bremen formerly pasteur and ms europa formerly swedish american line s kungsholm were purchased . service continued as before but it was decided that there were too many competitors in a transportation environment where the airliner was taking the most frequent customers away . this resulted in ndl s merger with the hamburg america line in 1970 . ndl attained several speed records over the years . among them was the record for the run between southampton and new york of eight days in 1881 which was set by the elbe and held until 1900 ; and the record for the fastest transatlantic crossing set by the new bremen in 1929 see blue riband . 2 hapag lloyd edit hapag lloyd container ship d sseldorf express the colombo express 8700 teu container ship owned and operated by hapag lloyd hapag and ngl continued to compete until establishing a joint venture container line in 1968 in order to share the huge investments related to the containerisation of their fleets . both companies finally merged on september 1 1970 under the name hapag lloyd . hapag lloyd was acquired in 1998 by tui ag hanover a tourism conglomerate and became its fully owned subsidiary in 2002 . 3 in the course of the integration into tui ag all tourism related activities such as the charter airline and travel agencies were transferred to tui ag . a retrenchment from that position through an offering of a minority of hapag lloyd s shares on the stock market was planned in 2004 . as part of that process its business units other than the container line and cruise line were planned for divestiture . in 2008 tui announced an intention to sell its entire stake in hapag lloyd shipping activities before the end of that year . industry speculation predicted a sale price of approximately us5 .9 billion . 4 in 2014 hapag lloyd acquired chile s compa a sud americana de vapores sa csav . the merger made hapag lloyd the fourth largest container shipping company in the world . 5 6 on 21st of april 2016 hapag lloyd announced that it is in merger talks with the arab shipping company uasc . in case of business cooperation hapag lloyd would integrate the fleet of uasc into its company while uasc would become hapag lloyds biggest shareholder . 7 airline activities edit hapag lloyd founded the charter airline hapag lloyd flug in 1972 buying a few boeing 727s to fly its cruise passengers from germany to the cruises ports of call . the airline eventually added some regular passenger flights as well . hapag lloyd flug used the iata code hf and became a directly owned subsidiary of tui ag in 1999 . in 2002 tui ag initiated hapag lloyd express hlx a low fare high frequency airline . however this eponymous company was never owned by hapag lloyd . since their merger in july 2007 both airlines trade as tuifly and use the iata code x3 . cp ships limited edit on 21 august 2005 tui ag agreed to acquire the canadian business cp ships limited for 1.7 billion us 2.0 billion in cash . the deal which was approved by the boards of both cp ships tui and the shareholders has been successful . it has now made the combined fleet the fifth largest by capacity in the worldwide container shipping market . 8 in 2006 the cp ships name disappeared for good . hapag lloyd cruises ships edit ms europa ms hanseatic ms bremen ms europa 2 former ships edit ms europa 1965 1970 1981 . ms finnstar chartered 1979 1980 . ms europa 1981 1981 1999 . ms columbus 2 chartered 2012 2014 . chartered ships edit ms columbus 1997 2012 see also edit top intermodal container companies list references edit http www.hapag lloyd.de en about us history between 1971 today.html a b c d e kenneth t. jackson 1995 . the encyclopedia of new york city . the new york historical society ; yale university press . p. 854 . hapag lloyd ceo reduction in operational costs needed arabian supply chain 30 march 2015 . accessed 23 july 2015 . hapag lloyd sales rise as tui confirms shipping exit plans . lloyd s list daily commercial news . informa australia . 2008 08 15 . retrieved 2008 08 15 . regulators clear way for merger of hapag lloyd and vapores . reuters . 2 december 2014 . retrieved 2 december 2014 . approval for world s fourth largest container shipping line granted handy shipping guide 2 december 2014 . accessed 12 december 2014 talks between hapag lloyd and united arab shipping company . 21 april 2016 . retrieved 26 may 2016 . 1 external links edit hamburg portal companies portal nautical portal wikimedia commons has media related to hapag lloyd . wikimedia commons has media related to norddeutscher lloyd . hapag lloyd hapag lloyd cruises tui ag hanover provisioning a transatlantic liner 1901 norddeutscher lloyd s.s. deutschland list of ndl ships with pictures norddeutscher lloyd bremen north german lloyd passenger lists hapag lloyd container line general information and services v t e hapag lloyd cruises ships current ships bremen europa europa 2 hanseatic chartered ships columbus former ships columbus 2 europa europa finnstar v t e tui group travel thomson holidays hapag lloyd tui cruises first choice falcon holidays trek america exodus airlines corsair international jetairfly thomson airways tui airlines netherlands tuifly tuifly nordic sunwing airlines cruises tui cruises thomson cruises hapag lloyd kreuzfahrten hotels and resorts riu hotels robinson club grecotel grupotel iberotel magic life sol y mar puravida resorts sensimar hotels viverde aqi hotels dorfhotel gran resort hotels atlantica hotels former companies aladia airlines britannia airways first choice airways hapag lloyd hapag lloyd express island cruises jet4you lunn poly metrojet neos thomsonfly tui travel retrieved from https en.wikipedia.org w index.php title hapag lloyd & oldid 742524118 categories companies based in hamburgtransport in hamburgshipping companies of germanycruise linescontainer shipping companiescompanies established in