Hamburg Süd has closed the sale of its dry bulk business to China Navigation Company (CNCo, part of the Swire Group.
China Navigation Co (CNCo) is acquiring the dry bulk shipping business of Hamburg Süd as the German company focuses on container shipping as part of Maersk.
Moín Container Terminal, operated by APM Terminals in Costa Rica, has started operations with the first vessels arriving at the facility.
Hamburg Süd is revising its EMCS service between Mexico, Central America, the Caribbean and North Europe.
Maersk Line owned Hamburg Süd and customer Electrolux are teaming up to reduce sulphur dioxide (SOx) emissions in Latin America ports.
The Far East – West Coast South America (WCSA) container trade is set for a whopping 18% increase in capacity this year according to Alphaliner.
Beginning in April, Hamburg Süd is launching a new service network between Asia and South America West Coast, Mexico, Central America and the Caribbean.
Maersk Line has announced the launch of the new Asia – Latin America / West Coast South America service.
Maersk Line has closed its acquisition of Hamburg Süd one year after it announced it planned to buy the privately owned German container line for EUR3.7bn.