German shipping group Hamburg Süd announced Monday it is selling its bulk shipping business to The China Navigation Company, a subsidiary of the Swire Group, as it focusses on its...

By Mike Wackett (The Loadstar) – Maersk is to reflag its recently acquired Hamburg Süd containerships away from the German registry, despite its promise of a “light-touch” acquisition. Maersk Line confirmed...

Danish shipping giant Maersk says it has completed its acquisition of German rival Hamburg Süd in a deal valued at approximately $4 billion. The close of the deal comes exactly...

By Mike Wackett (The Loadstar) – Maersk Line is wasting no time in putting its blue stamp on the executive board of soon-to-be acquired Hamburg Süd, but says it “intends...

COPENHAGEN, April 28 (Reuters) – The world’s biggest container shipping company Maersk Line will pay 3.7 billion euros ($4.02 billion) for its acquisition of smaller German rival Hamburg Sud, it...

By Foo Yun Chee BRUSSELS, April 7 (Reuters) – World No. 1 shipping company Maersk Line is set to win EU antitrust approval for its acquisition of Hamburg Sud after...

BRUSSELS, Feb 21 (Reuters) – EU antitrust regulators will decide by March 27 whether to clear world No. 1 shipping company Maersk Line’s bid for German rival Hamburg Sud, its...

Maersk Line and Hamburg Süd have announced slot purchase agreement for Hamburg Süd’s volumes on the East-West trades to be shipped on vessels in the 2M network, the shipping alliance...

By Jacob Gronholt-Pedersen COPENHAGEN, Dec 13 (Reuters) – The acquisition of German shipping company Hamburg Süd will replace some 60 percent of revenue lost when A.P. Moller-Maersk spins off its...

By Jacob Gronholt-Pedersen COPENHAGEN, Dec 1 (Reuters) – Maersk Line, the world’s biggest shipping company, is to buy smaller rival Hamburg Süd, joining a wave of M&A in the industry...

By Mike Wackett (The Loadstar) – Shipping circles in Hamburg are abuzz with speculation that the Oetker family will announce this week that it intends to sell the Hamburg Süd...

German container shipper Hamburg-Süd expects to increase sales and volumes this year, Wirtschaftswoche reported on Saturday, citing chief executive Ottmar Gast.

Hamburg Süd’s acquisition of Chilean container shipper Compañía Chilena de Navegación Interoceánica S.A. (CCNI) is nearly complete today with the signing of the Sale & Purchase Agreement. The company notes...

Two of the leading container shipping lines United Arab Shipping Company (UASC) and Hamburg Süd have announced a global cooperation agreement aimed at enhancing services and geographic coverage for their respective customers.

German container shipper Hamburg Süd announced today it has reached an agreement with Compañía Chilena de Navegación Interoceánica S.A. (CCNI) to acquire their container shipping business.

Germany's second biggest container shipper Hamburg-Sued is seeking options for the business after merger talks with bigger rival Hapag-Lloyd failed last year.

By Nicholas Brautlecht April 1 (Bloomberg) — Hamburg Sued Group, Germany’s second biggest container shipping line, may revive merger plans with Hapag-Lloyd AG after a failed attempt to combine operations...

The chairman of German shipping group Hapag-Lloyd said rival Hamburg Süd should join merger talks between Hapag-Lloyd and Chile's Vapores .

FRANKFURT, May 15 (Reuters) – Hamburg Süd, Germany’s second-largest shipping group, said on Wednesday it did not expect to resume merger talks with rival Hapag-Lloyd any time soon after talks...

KIEL, Germany, April 8 (Reuters) – The city of Hamburg wants shippers Hapag-Lloyd and Hamburg Süd to resume merger talks so that they stand a better chance of surviving a four-year...