Freight News, Sea

Maersk asks EU approval for Hamburg Sud buy

[ February 22, 2017   //   ]

Maersk Line has applied for EU approval for its purchase of Hamburg Sud with an initial decision due by March 27- although the deadline can be extended for another 90 days. Main sticking points are seen as South American routes – for example, the combined carrier would have a 37% share of the Germany/Brazil market.

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