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Maersk Line to Buy Hamburg Süd in $4 Billion Deal

Maersk Line has agreed to buy Hamburg Süd, boosting its presence on North-South shipping routes, increasing market share and cutting the average age of its fleet.
Wall Street Journal

S&P Futures, Europe, Dollar Drop; Yields Rise As WTI Advances Above $50

Following a November to remember, which saw tremendous market gains following the election of Donald Trump, December has started off on the back foot, with US equity futures lower, European stocks..
Zero Hedge

Maersk Line to buy smaller rival Hamburg Süd

Deal will boost Danish group’s market share from 15.7% to 18.6% of global container trade
FT.com Also reported by •Wall Street Journal

Port of Hueneme Puts Final Touches on Shore Power Project

Port of Hueneme's Shore Power Project allows for three ships to simultaneously access shore power, community leaders praise project’s positive environmental impact. Port Hueneme, CA (PRWEB) May..
PRWeb

CMA CGM and Hamburg Süd — which both call at Jacksonville — expanding partnership

The CMA CGM Group and Hamburg Süd, both with a presence in Jacksonville, expanded their existing cooperation to include sharing services to Asia, the Caribbbean, the United States East Coast and North..
bizjournals

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