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Maersk: Hamburg Süd Ships to Fly Denmark, Singapore Flags zoom Image Courtesy: Hamburg Süd

hamburg_sud-320x213.pngThe changes would be made in line with the company’s flagging principles as Hamburg Süd’s ships switch ownership and fall under Danish ownership in Maersk Line or Singaporean ownership under A. P. Moller Singapore.

The spokesperson added that the vessels owned by Hamburg Süd’s Brazilian subsidiary Aliança will continue under own management and continue to sail under the Brazilian flag.

Maersk Line closed the acquisition of Hamburg Süd on November 30, two days after it received the final regulatory approval from the Korea Fair Trade Commission. The company secured all 23 regulatory clearances, almost a year after it announced its acquisition plans in December 2016.

Combined, the two companies will be able to realise operational synergies in the region of USD 350-400 million annually as from 2019, primarily derived from integrating and optimizing the vessel networks as well as utilizing the terminal capacity in APM Terminals.

Maersk Line and Hamburg Süd will have a total container capacity of 4.15 million TEU and a 19.3% global fleet capacity share, according to Alphaliner’s assessment. The combined fleet will include a total of 773 owned and chartered vessels.

4.jpgOUCO Semi-Knuckle Boom Truck Mounted Cranes

Truck Mounted Cranes, also can be called lorry cranes, loader cranes.

The semi knuckle boom type is with great heavy duty up to 150 meter tons, which can be used in various fields of services to achieve clients’ requirements. OUCO Truck Mounted Cranes contains important industries include: construction, transport logistics, emergency services, local authorities, waste management, mining and the inspection/maintenance/cleaning of structures, buildings and large machines as well as leasing and rental business