Maersk Line’s acquisition of Hamburg Sud will likely force it to sell its Brazilian flag operation Mercosul Line, which could open the door to CMA CGM or Mediterranean Shipping Co. to enter the closed Brazilian coastal shipping market.
Hamburg Süd Group is a global shipping and logistics company based in Germany. Formed in 1871, Hamburg Süd is the world’s eighth-largest container shipping line and is one of the leading carriers in the north-south trades.
30 Jul 2015
The Port of Miami posted double-digit container volume growth in June, a testament to the port’s concerted effort to boost organic growth and preserve business diverted from the U.S. West Coast during the port congestion crisis in late 2014 and early 2015.
21 Jul 2015
Hamburg Sud has returned to the Port of Miami a decade after it left by joining an existing Ocean Three service connecting the U.S. East Coast to China, advancing the German carrier and the port’s effort to attract more Asian import cargo.
26 May 2015
CMA CGM is launching a trans-Atlantic service with Hamburg Sud and United Arab Shipping Co., and enhancing another service after the French carrier shipped 35 percent more volume between the U.S. East Coast and North Europe in the first three months compared to the same period year ago.
04 May 2015
Increasing cooperation between Hamburg Sud and carriers in the Ocean Three Alliance suggests it “seems only a matter of time” before the German container line joins the alliance, Drewry Container Insight said in a speculative commentary this week.
26 Apr 2015
German container line Hamburg Süd, traditional a north-south carrier, is putting volume growth in the major east-west trades at the top of its agenda this year.
23 Apr 2015
Hamburg Sud remained in the black in 2014 even as falling freight rates on its key South American routes and a weaker dollar depressed revenues.
07 Apr 2015
Hamburg Süd led the container shipping industry in on-time service in February, putting an end to Maersk Line’s six-month hold on the top spot, according to SeaIntel Maritime Analysis.
18 Feb 2015
Hamburg Sud said it expects to seal the acquisition of the container shipping operations of Compania Chilena de Navegacion Interoceanica by the end of March.
16 Feb 2015
The European Shippers’ Council urged competition regulators to step up monitoring of deals like the increased collaboration between CMA CGM and Hamburg-Sud, which “will make sure the container liner market will be one step closer to total convergence.”
05 Feb 2015
CMA CGM and Hamburg Sud are expanding their current cooperation agreement to several additional liner trade routes in the latest consolidation of global container networks.
27 Jan 2015
United Arab Shipping Co. has ordered 2,000 reefer containers as it prepares to expand into the South American liner trades.