Maersk Line Offers Concessions to EU on Hamburg Süd Acquisition

Danish liner Maersk Line has offered commitments to the European Commission aimed at removing potential competition related impediments to its acquisition of shares of German counterpart Hamburg Süd.

Maersk Line Step Closer to Hamburg Süd Acquisition

Denmark-based shipping giant Maersk Line signed a sale and purchase agreement related to the acquisition of German carrier Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (Hamburg Süd) on March 14.

2M Partners Up Asia-Europe, Transpacific Offer

Danish shipping giant Maersk Line and Mediterranean Shipping Company (MSC) have decided to add two new services to the existing 2M network to accommodate the incoming volumes as a result of slot purchase agreements with Hyundai Merchant Marine and Hamburg

Maersk Line, Hamburg Süd Enter East-West Slot Purchase Deal

Danish shipping giant Maersk Line and German container shipping line Hamburg Süd have reached a slot purchase agreement for Hamburg Süd’s volumes on the East-West trades to be shipped on vessels in the 2M network.

Hamburg Süd to Start Renewing Fleet in 2017

German container shipping line Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (Hamburg Süd) informed it will begin replacing existing tonnage with reefer newbuildings in the course of 2017.

Maersk Says Hamburg Süd Deal Will Cushion Spin-Off Effects

Denmark’s A.P. Moller-Maersk expects the revenue generated through the recently acquired container carrier Hamburg Süd to compensate for around 60% of revenue loss after the spin-off of the company’s Energy division is completed, Sorens Skou, CEO of Maers

CMA CGM Enhances Moroccan, North Europe-Turkey Links

French container shipping giant CMA CGM has upgraded its Moroccan coverage by deploying six services linking the country with Russia, Europe and the Middle East and enhanced its FEMEX service between North Europe and Turkey by adding new ports of call.