Together, the complementary businesses will create the world’s most comprehensive network of trading lines, combining Maersk Line’s leading position on East-West routes with Hamburg Süd’s strong presence on North-South trades. With a total capacity of around 4 million TEUs, the larger fleet will move 19% of global trade and combining the two shipping lines will enhance the global positions of both brands.
In future, customers will experience better market coverage, more direct services and other benefits via a combined global network.
“Hamburg Süd and Maersk Line will continue to cultivate different market positions and separate value propositions building on the different strengths of the two companies. But many of our operational activities can now be coordinated to create synergies,” says Vincent Clerc, Chief Commercial Officer of Maersk Line.