
Ottmar Gast will step down as Chief Executive Officer of Hamburg Süd at the end of 2017 when Maersk Line's takeover of the German container carrier is expected to be completed.
However, Hamburg Süd will likely continue to operate with a CEO based at the carrier's headquarters on Willy-Brandt-Straße in Hamburg, Gast tells newspaper Hamburger Abendblatt.
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