ShippingWatch

Maersk's acquisition of Hamburg Süd triggers significant rate turbulence

Several carriers have increased their capacity on the routes between Asia and Brazil's east coast for the first time in decades, after Maersk Line's takeover of Hamburg Süd, reports Alphaliner.

Photo: Bodo Marsk/AP/Polfoto

Several years of stable development on the container routes between Asia and Brazil could soon be over.

This is where the majority of the country's huge food exports are shipped from, and the routes are now facing radical changes and significant rate fluctuations after Maersk Line's acquisition of the Latin American specialist carrier Hamburg Süd.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Alphaliner: HMM set to go private in 2022

The South Korean state is reportedly prepared to divest container line HMM after having rescued the company from bankruptcy in 2016. According to Alphaliner, South Korea's central administration has confirmed a plan to privatize the carrier in 2022.

Further reading

Related articles

Latest news

See all jobs