Independent journal on economy and transport policy
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The acquisition of the branch lowers complete Navigation dry bulk of Hamburg Süd
The German company of the Maersk group will be concentrated on the field of the marine transport of containers
April 2, 2019
Today, as a result of the green light obtained from the competent regulation authority, China Navigation Company (CNCo) of the Swire group of Singapore has carried to term the activities of the German Hamburg Süd (Maersk group) in the field of the marine solid bulk transport, activity that includes the businesses in the segment dry bulk of Rudolf A. Oetker (RAO) and Furness Withy and Aliança Navegação and Logística(on 21 January 2019).
"With this strategic movement - the managing director of Hamburg Süd has commented, Arnt Vespermann - now Hamburg Süd, which part of the Maersk family, will be concentrated on the field of the marine transport of containers. Our activity in the field of the bulk has been part integrating and of success of our company for beyond six decades and today we wish to thank our colleagues for all this whom they have made for the company. At the same time we are pleased to have found in Lowers Navigation a new owner of ours precedence operations in the field dry bulk absolutely adapted".
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