Latest news from Heavy Lift & Project Forwarding International Magazine

Hamburg Süd: up for sale?

November 30 - In response to international business media reports that German shipping line, Hamburg Süd is for sale, industry consultant Alphaliner suggests that a high price tag could deter potential buyers.

Alphaliner says it understands that the line, which is 100 percent owned by the Oetker family, has a value of close to USD5.0 billion.

Were Hamburg Sud to be sold to another shipping line, it would be the fifth major consolidation in container shipping over the course of 12 months, following on from Cosco and China Shipping, CMA CGM and NOL/APL, Hapag-Lloyd and UASC, and the container businesses of NYK Line, Mitsui OSK Lines and "K" Line.

 


www.hamburgsud.com

Heavy Lift | News

Altius completes Chile shipment thumbnail image

Altius completes Chile shipment

May 26 - Altius has transported two pieces of oversized cargo from Antwerp in Belgium to Mantos Blancos, Chile.
Views: 140
Steel cut for Voltaire thumbnail image

Steel cut for Voltaire

May 26 - The construction of Jan De Nul’s offshore jack-up installation vessel Voltaire has kicked off at the Cosco Shipping Shipyard (Nantong) in China with a steel cutting ceremony.
Views: 115

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