Freight News, Sea

Hamburg Sud buys CCNI liner business

[ July 28, 2014   //   ]

German-based line Hamburg Sud is to buy the container liner activities of Chile’s CCNI including general agency functions. The deal, which is subject to due diligence, is scheduled to be executed by the end of the year. Hamburg Sud said the move would strengthen its liner network to and from South America. CCNI will continue its non-liner shipping activities including car carriers and ship-owning.


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