Dr. Helfferich, Minister of Colonies Solf, German bankers and business men as well as German shippers were not consulted.

Earlier this year, the owners of unlisted Hapag-Lloyd called off a planned merger with rival German shipper Hamburg-Sued because terms could not be agreed.

Earlier this year, the owners of unlisted Hapag-Lloyd HPLG.UL called off a planned merger with rival German shipper Hamburg-Sued because terms could not be agreed.