US$ 52m rail project at LA’s Fenix Marine Terminal approved
NewsThe Los Angeles Harbour Commission has approved a US$ 52 million on-dock rail project at Fenix Marine Terminal.
Maersk closes deal for Hamburg Süd
On 30 November 2017, Maersk Line officially completed its transaction with Germany’s Oetker Group and took full control of Hamburg Süd. The deal took a year to conclude, as regulatory approval from 23 different jurisdictions from around the world was needed. These decisions have come with some conditions attached and the group will have to cut back on some services to/from South America.
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