Maersk to sell Mercosul Line

Maersk to sell Mercosul Line

Maersk Line will divest itself of Mercosul Line, its Brazilian subsidiary, to appease the Brazilian competition authority CADE as it pushes through with the acquisition of Hamburg Sud, a liner which also has a strong presence in Latin America’s largest country.

Mercosul was founded in 1996, and taken over by Maersk a decade later. Its four ships – each of 2,5000 teu capacity – are used on the Brazilian cabotage trades. They are deployed on two loops.

Separately, Maersk officials have revealed they anticipate to hear today whether the European Commission has approved the Hamburg Sud takeover. The EC had demanded that Hamburg Sud pull out of certain routes, something Maersk has agreed to.

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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1 Comment

  1. Rahul
    April 10, 2017 at 6:02 pm

    Maersk is a wounded elephant since 2008. In next 20 years either its going to get divided into multiple liners and dissolve or bleed till the day its taken over.by someone who would make maersk more liķe ksream which means complete upside down. In both these changes the danes are going to become jobless, homeless and nationless.