Freight News, Sea

Brussels clears Maersk-Hamburg Sud merger

[ April 12, 2017   //   ]

The European Commission cleared Maersk Line’s acuisition of Germany’s Hamburg Süd on 10 April, subject to the latter’s withdrawal from five consortia on trade routes connecting Northern Europe with Central America/Caribbean, West Coast South America, Middle East and the Mediterranean with West Coast South America and East Coast South America – which the Danish operator offered to do. HSDG will continue to operate as part of the five consortia during the notice period to guarantee an orderly exit but a monitoring trustee will ensure that no anti-competitive information is shared between these five consortia and the merged entity during that period.

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