Please note that the links below will lead you to the Maersk website: Quote Below are the key updates for week 49. Click on the links below to know more. News Maersk Line to acquire Hamburg Süd LSS tariff change effective 1st January 2017 Rate Announcements Asia to New [...]
We read in the Seatrade Maritime news: Quote EC approves Hapag-Lloyd and UASCmerger The European Commission (EC) has approved the merger Hapag-Lloyd and UASC, with a condition that the latter withdraws from a transatlantic service. The merger of Hapag-Lloyd and UASC will create the world’s fifth largest container line with 1.47m [...]
Here the news out of the Maersk group, from Safmarine: Quote December 1, 2016 Maersk Line to acquire Hamburg Süd Dear Customers, We are pleased to inform you, that the Maersk Group has today announced our intention to acquire Hamburg Süd and Aliança. While this agreement is still pending [...]
Quote by CNBC A.P. Moller-Maersk has agreed to buy German rival container shipping line Hamburg Süd, sending shares in the Danish shipping company up nearly 5 percent. The deal highlights a push to toward consolidation the container shipping industry, which has been grappling with low freight rates and oversupply. It also [...]
Press release says that Hamburg Sued will be bought by Maersk line. Details to follow
Quote October 31st, 2016 To Whom it May Concern, Kawasaki Kisen Kaisha, Ltd. Eizo Murakami, President & CEO Mitsui O.S.K. Lines, Ltd. Junichiro Ikeda, President & CEO Nippon Yusen Kabushiki Kaisha Tadaaki Naito, President Notice of Agreement to the Integration of Container Shipping Businesses Kawasaki Kisen [...]
Quote 31 October, 2016 MOL, NYK and K-Line Integration of Container Operations We wish to inform you that Mitsui OSK Lines, NYK and K-Line have reached an agreement to integrate our container shipping divisions into a single operating entity. Some important details about this development are as follows: This [...]
Quote K Line takeover talk heats up SEPTEMBER 5TH, 2016 SAM CHAMBERSASIA, FINANCE AND INSURANCE0 COMMENTS Tokyo business circles are increasingly convinced that a Japanese fund run out of Singapore called Effissimo will soon move to take over one of the world’s largest shipping lines, Kawasaki Kisen Kaisha (K Line). [...]
Quote Hapag-Lloyd and UASC sign Business Combination Agreement July 18, 2016 Dear Customer, Hapag-Lloyd AG (Hapag-Lloyd) and United Arab Shipping Company S.A.G. (UASC) have signed a Business Combination Agreement (BCA) to merge both companies, subject to the necessary regulatory and contractual approvals. Following the [...]
Quote 1 July 2016 APL Now Part of the World's Third Largest Shipping Group Dear Valued Customer, As of 9 June 2016, CMA CGM has successfully acquired a majority of NOL shares and assumed management control of NOL and APL. I am pleased to write to you [...]
