Maersk Line to Pay $4 Billion for Hamburg Süd

More mergers in ocean carrier ranks. Payback out of savings in 8 years. And what does this do to alliances?  We’ll find out, won’t we?

Maersk has finalized its purchase of container shipping line Hamburg Süd from the Oetker Group after both boards approved a Sale and Purchase Agreement today.

Source: Maersk Line to Pay $4 Billion for Hamburg Süd – Supply Chain 24/7

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By Mike Wackett (The Loadstar) – “Organised chaos” – that’s how one carrier describes the Asia-Europe schedules of the Ocean and THE alliances, believing there’s very little hope of vessels hitting itineraries before June. The source, an alliance member, told The Loadstar the transition of ships and containers from previous schedules to their new alliance hubs […]

screenshot-gcaptain.com 2017-04-28 10-03-26Source: New Shipping Alliances Bringing Chaos to Asia-Europe Tradelanes – gCaptain

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