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The European Union approved Maersk's acquisition of HAMBURG SUD

Orient Honest www.china-disposable.com 2017-04-12 18:13:07
On April 10, Maersk's acquisition of HAMBURG SUD was approved by the EU for antitrust, but the condition was that HAMBURG SUD would withdraw from some trade routes.These trade routes include connecting Europe and Central America, connecting South America's West Coast and Middle East routes.

In addition, HAMBURG SUD will also withdraw from the Mediterranean to the South American West Coast and South America East Coast ship sharing agreement."Maersk's acquisition of HAMBURG SUD deal will maintain a healthy level of market competition and will not have much impact on EU companies and consumers," said Margrethe Vestager, member of the EU Competition Council.

After the Chinese New Year, the freight costs from Maersk are mostly seems better from other shipping company. As the professional international trading company, we usually prefer to cooperate with the world major shipping company with the best price and service. We are one of the best China surgical mask manufacturers,China medical mask suppliers and China disposable suit manufacturers.