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.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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