It’s the usual talk we hear from participants about a merger, but this is an established and well-respected ocean carrier.
One of the most interesting comments in the story is the concentration of firms in shipping compared to a year ago– down to 13 firms from 20. That is a big change, considering the amount of capital in a vessel owning carrier.
Source: Maersk Line to acquire Hamburg Süd in cash deal worth up to $5bn – The Loadstar