China Approves Maersk’s Acquisition Of Hamburg Sud
News Alert
> 08/28/25 > USTR Extends Certain Exclusions from China Section 301 Tariffs
> 08/18/2025 > New Sec 232 Aluminum and Steel Derivatives to be Added Aug 18, 2025
> 08/12/2025 > China’s IEEPA Reciprocal Tariff Increase Paused another 90 Days
> 08/06/25 > IEEPA: India’s 25% Additional Tariff Starts Aug 27
China Approves Maersk’s Acquisition Of Hamburg Sud
Posted on Nov 9
China will allow Maersk Line to proceed with its acquisition of north-south specialized carrier Hamburg Süd, meaning that only South Korea and Colombia must still agree to the transaction.However, China will add restrictions on the carriers’ use of vessel-sharing agreements (VSA) on certain South America trade lanes out of the Far East, where Maersk Line, SeaLand, and Hamburg Süd combined control about 14.1% of the trade in the first eight months of the year.Brazil’s approval required that Maersk sell its ECSA coastal carrier Mercosul Line which is now going to be acquired by CMA CGM.