Maersk anchors pole position with Hamburg Sud buyout

Maersk Line's chief commercial officer Vincent Clerc says Singapore, which has traditionally been "one of the real pivot areas for trade and shipping", is the natural transshipment hub for South-east Asia. Even before the acquisition, Maersk Line was
Even before the acquisition, Maersk Line was the largest container shipping line worldwide with 646 vessels, enjoying 15 per cent of global capacity.PHOTO: REUTERS
Maersk Line's chief commercial officer Vincent Clerc says Singapore, which has traditionally been "one of the real pivot areas for trade and shipping", is the natural transshipment hub for South-east Asia. Even before the acquisition, Maersk Line was
Maersk Line's chief commercial officer Vincent Clerc says Singapore, which has traditionally been "one of the real pivot areas for trade and shipping", is the natural transshipment hub for South-east Asia.

$5.9b acquisition also means higher box volumes for S'pore