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Maersk Line set to reflag Hamburg Süd containerships away from Germany

From The Loadstar:

Maersk Line confirmed last week its intention to reflag a number of Hamburg Süd vessels, including 10,600 teu flagships Cap San Juan, Cap San Lazaro and Cap San Vincent, to either Danish or Singapore registration early next year.

The decision – which it said was in line with Maersk Line’s “flagging strategy” – will add to concerns in Hamburg about the acquisition of the 150-year-old niche carrier, not least as it comes so soon after the closing of the transaction.

According to vesselsvalue.com, Hamburg Süd’s fleet of 47 container vessels, includes 12 registered in Germany, 15 registered under the Liberian flag and four Brazilian-flagged.

More at The Loadstar

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