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Maersk Line to buy German shipping line Hamburg Sud

2016-12-05 11:44:00| Daily apparel & textile news and comment - from just-style.com

Maersk Line, the container shipping unit of Danish conglomerate AP Moller-Maersk, has reached an agreement with the Oetker Group to acquire German shipping line Hamburg Süd, in a move that will boost Maersk Line's global capacity share and boost its presence on north-south routes.

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