Hapag-Lloyd is said to be showing an interest in taking over South Korean flagship carrier HMM, in a further sign of consolidation within the liner market.

According to local media reports, the German liner operator is said to have requested a prospectus from Samsung Securities, which is handling the HMM sale.

Hapag-Lloyd is said to have hired Goldman Sachs as its consultant to evaluate and advise on the acquisition price of HMM and potential business synergies.