Alphaliner: High price for Hamburg Süd

French CMA CGM is, despite the carrier's extremely high debt burden, a serious challenger for Maersk Line in the takeover of Hamburg Süd, although the price of approximately USD five billion is high, notes Alphaliner. 

Photo: PR-foto/CMA CGM

A price tag of close to USD five billion looks to be the biggest barrier to a sale of container carrier Hamburg Süd, about which the owner family Oetker Group is expected to make a decision this week.

According to Alphaliner, Maersk Line and French CMA CGM are the only two serious contenders to take over the Latin American specialized carrier, and the latter could prove to be a strong competitor to Maersk.

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