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Hamburg Sud signs CCNI deal

Hamburg Süd has signed a sale and purchase agreement to acquire the container liner activities of Chile-based CCNI. The takeover, which had already been announced, is scheduled to take place at the end of March. Hamburg Süd will operate the CCNI container liner business under its brand name in the main trades between the West Coast of South America, Asia, Europe and North America. CCNI will discontinue its container liner ... [+]

Hamburg Sud buys CCNI liner business

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 ... [+]

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