Independent journal on economy and transport policy
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CMA CGM has completed the acquisition of the Brazilian Mercosul Line
The navigation company is yielded by the Maersk Line
December 11, 2017
The French shipowning group CMA CGM has completed the acquisition of the company of Brazilian navigation Mercosul Line that is yielded by the Danish Maersk Line with which last june a binding agreement for the passage of property of the society had been undersigned(on 13 June 2017).
Constituted in 1996, Mercosul Line has a fleet constituted from four portacontainer from 2.500 teu employees in cabotage services that serve beyond 12 ports in Brazil. The company has 130 dependent and offices to Santos, São Paulo, Manaus, Recife and Itajai.
CMA CGM is present in South America with 18 offices in Argentina, Brazil, Paraguay and Uruguay and with staff of 340 people. The French group employs 71 ships in nine marine services with the Latin America that call in 20 ports of the region.
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