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European Commission approves Maersk acquisition of Hamburg Sud with conditionsEuropean Commission approves Maersk acquisition of Hamburg Sud with conditions

The Europe Commission (EC) has approved Maersk Line’s acquisition of Hamburg Sud, on condition that the German withdraw from consortia on five trade routes.

Marcus Hand, Editor

April 11, 2017

1 Min Read
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Clearance for the acquisition announced last December was cleared under the EU Merger Regulation.

Under conditions of the approval Hamburg Sud has to from five consortia - Northern Europe and Central America/Caribbean (Eurosal 1/SAWC), Northern Europe and West Coast South America (Eurosal 2/SAWC), Northern Europe and Middle East (EPIC 2), the Mediterranean and West Coast South America (CCWM/Medandes), and the Mediterranean and East Coast South America (MESA).

“On these routes, the merged entity would have faced insufficient competition after the transaction,” the EC said.

The commission analysed the impact of the merger on 17 trade routes from Europe.

Competitive shipping services are essential for European companies and for the EU's economy as a whole. The commitments offered by Maersk Line and HSDG (Hamburg Sud) will maintain a healthy level of competition to the benefit of the very many EU companies that depend on these container shipping services," said Commissioner Margrethe Vestager, in charge of competition policy.

The acquisition of Hamburg Sud by Maersk is expected to be completed by year end.

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About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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