Maersk and Hamburg Süd conclude slot purchase agreement
Maersk Line and Hamburg Süd – which are going through a merger announced in December – have concluded a slot purchase agreement for Hamburg Süd’s volumes on the East-West trades to be shipped on vessels in the 2M network, the vessel sharing agreement between Maersk and MSC.
“Accommodating these additional volumes enables improved utilisation in our fleet and in turn provides opportunities to enhance our customer offering on select trades in our East-West network”, said Søren Toft, chief operating officer at Maersk Line.
The agreement is scheduled to begin on April 1. It covers the Asia-North Europe, Asia-Mediterranean, transatlantic and transpacific trades.
The parties said they will disclose information about network changes and schedules in the coming week.