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.
CCNI is an international shipping company established in 1930 that provides maritime transport services primarily between the West Coast of South America, Eastern countries, Europe, Central America, and North America.
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.
15 Oct 2014
A record number of ship deliveries will combine with declining scrapping rates and mid-single-digit growth in volume to extend the gap between container ship supply and demand through 2015, according to a leading maritime research consultant.
26 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association met for three days this past week without concluding negotiations; at the weekend, the parties announced a week-long recess in the talks. German carrier Hamburg Süd announced plans to acquire the container operations of Chile’s CCNI, in a move resembling the deal between larger competitor Hapag-Lloyd and Chile’s CSAV, and Crowley is reported to be in talks to acquire Horizon Lines’ Puerto Rico assets. Earnings reports by U.S. truckload carriers are pointing to a stronger freight recovery in the United States, though rail service continues to be held back. And on Friday, Anne S. Ferro announced her departure from the Federal Motor Carrier Safety Administration after five years leading the agency.
25 Jul 2014
Hamburg Süd has signed a preliminary agreement to acquire the container operations of the Valparaiso, Chile-based Compañía Chilena de Navegación Interoceánica, or CCNI, by Dec. 31, 2014.
19 Feb 2014
A depressing air of déjà vu enveloped the Hamburg shipping community when Greek container ship owner Danaos announced that it is taking a $19 million hit on the debt restructuring of Zim as it cuts the charter rates of six ships on hire to the Israeli ocean carrier.
15 May 2013
CMA CGM, Maersk Line, Hamburg Süd, CSAV, China Shipping Container Lines and Hanjin will restructure their services between the Far East and South America’s east coast by launching three joint services in July.