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Image header Agence Europe
Europe Daily Bulletin No. 11766
Contents Publication in full By article 17 / 23
ECONOMY - FINANCE - BUSINESS / competition

Conditional green light to acquisition of HSDG by Maersk Line

Towards the end of the day on Monday 10 April, the European Commission announced a merger in the regular container shipping sector. Maersk Line A/S of Denmark received conditional approval to acquire Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KH (HSDG) of Germany.

Like many shipping companies, Maersk Line and HSDG offer their services on trade routes under cooperation agreements concluded with other shipping companies. These consortia are based on vessel-sharing agreements...

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