Independent journal on economy and transport policy
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Completed the iter of authorizations for the fusion between Maersk Line and Hamburg Süd
The arranged fleet will be constituted by 773 ships with a transport ability of 4,15 million teu
November 30, 2017
Shipowning group Danish A.P. Møller - Mærsk has announced that with the approval of tuesday by the South Korean Fair Trade Commission (FTC) of the acquisition of the company of German navigation Hamburg Süd, green light to the operation of the value of 3,7 billion euros that are granted by authoriy the Asian antitrust with the prescription of an escape of the German carrier from the alliances with other companies relatively to the routes between Asia and the Center/South America(on 29 November 2017), the final step of the procedure of authorization of the transaction by the competent authorities is completed.
"With the final approval of the acquisition - the managing director of the Danish group has commented, Søren Skou - we have reached an important milestone in our strategy turns to become a company of transport and integrated logistics that it realizes a sustainable increase. These - it has emphasized - are indeed entusiasmanti movements and we do not see the hour to make the first steps as an only company".
A.P. Møller - Mærsk previews that beginning from the 2019 fusion will allow to per year realize synergies of the value pairs to 350-400 million dollars. Together Maersk Line, the company of containerized marine transport of the Danish group, and Hamburg Süd will have a fleet of 773 ships, of which 105 coming from the German company, with an ability to transport of 4,15 million teu, pairs to 19.3% of the total ability to the world-wide fleet of portacontainer.
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Shipowning group Danish A.P. Møller - Mærsk has announced that with the approval of tuesday by the South Korean Fair Trade Commission (FTC) of the acquisition of the company of German navigation Hamburg Süd, green light to the operation of the value of 3,7 billion euros that are granted by authoriy the Asian antitrust with the prescription of an escape of the German carrier from the alliances with other companies relatively to the routes between Asia and the Center/South America
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
