Independent journal on economy and transport policy
12:28 GMT+1
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Maersk Line has signed a preliminary agreement in order to buy Hamburg Süd
the acquisition will not happen before the end of 2017. The ability to the fleet of the Danish group will go up to 3,8 million container
December 1, 2016
The company of navigation Maersk Line of shipowning group Danish A.P. Møller-Mærsk has confirmed to have tight a preliminary agreement with the German group Oetker for the acquisition of Hamburg Süd, historical society of navigation with center to Amburgo that is the seventh world-wide company of the segment of the transport of line graces to a fleet of portacontainer that it has a ability pairs to 625 thousand teu and that north-south is employed mainly in the traffics. With the acquisition the ability to the fleet of Maersk Line, than currently is the carrier world leader with an ability to total hold pairs to 3,1 million teu, would go up to about 3,8 million teu distributed in 741 portacontenitori of the medium age 8,7-year-old.
The agreement previews that Hamburg Süd so maintains own brand as the Aliança, the company of Brazilian navigation of the German group. "To abandon our engagement in the field of the shipping after 80 years of property of Hamburg Süd - the president of the group Dr. August Oetker has commented, August Oetker - it has not been an easy decision for the family. However we are absolutely trusting to have chosen the best one of the partner possible. Maersk will safeguard and upgrade Hamburg Süd and this for which the brand, the entire organization and a staff totally dedicated they work: reliable logistic services and of elevated quality for our customers".
The agreement now previews the development of the procedure of two diligence in order to estimate the current state of Hamburg Süd and therefore the subscription of a final understanding that then will have to be approved of from the competent authorities, between which those of the USA, European Union, China, Korea, Australia and Brazil, iter that it is previewed will be extended for all 2017.
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