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It’s business as usual for Hamburg Sud

[ December 1, 2017   //   ]

Maersk Line closed its deal to acquire German carrier Hamburg Sud on 30 November but the line will remain a commercially independent brand under its new owner, it said.

Dr Arnt Vespermann (pictured, left) takes over as chief executive from Dr Ottmar Gast, who will continue to be closely associated with the company in the future as chairman of the advisory board which will also include AP Molle -Maersk executive vice president and chief operating officer, Søren Toft (pictured, right).

Vespermann declared: “Under this new umbrella, we can strengthen Hamburg Süd’s position worldwide in a challenging market environment, improve our market position, and offer our customers many advantages. We are now offering our customers one of the industry’s most comprehensive, global liner networks, coupled with Hamburg Süd’s well-known quality service.”

Hamburg Sud will retain its own sales and marketing, customer service, IT, human resources, and finance and accounting.

Maersk’s purchase comes exactly a year after Hamburg Süd’s previous owner, Dr August Oetker announced the plan to pull out of shipping and sell Hamburg Süd to Maersk.

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