Hamburg Sud to buy Chilean CCNI's container line activities

default_image

© Khunaspix Dreamstime.

By LoadstarEditorial

25/07/2014

Compañía Chilena de Navegación Interoceánica S.A. (CCNI) with headquarters in Valparaiso, Chile and Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (HSDG) with headquarters in Hamburg, Germany are pleased to announce that they have signed a preliminary agreement whereby HSDG will acquire the container liner activities of CCNI including the related general agency functions subject to Due Diligence, execution of a Sale & Purchase Agreement and approval by the competent authorities.

Read more...

Comment on this article

You must be logged in to post a comment.

Topics

Hamburg Sud Takeover Talk Australia M&A radar

Most Read

MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'

Urgent call for breakdown of cargo onboard as General Average declared on Dali

Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker

Flexport is 'back on track' – now it needs to start growing again

Hong Kong drops out of world's top 10 busiest container ports

'Slow season' and ocean network stabilisation easing pressure on rates

Bottlenecks and price hikes as airlines now avoid Iran airspace

Kuehne + Nagel reshuffles the suits – leaks, views, sights

Vehicle imports clogging up terminals at European auto ports

Iran may now pose a threat to multimodal supply chains via Dubai

US splashes out to grab a slice of the semiconductor manufacturing pie

Capture of MSC Aries will further drive up Indian export costs

Ammonia, not methanol, will be the 'green fuel of the future'

Looks like rain: Panama Canal Authority eyes return to normal service

Soaring air freight rates may level out as summer capacity takes off

Adjustors sharpen pencils on rumours Dali owner called General Average