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July 31, 2015 10:51 AM ET

Marine

Company Overview of Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG

Company Overview

Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG operates as a container shipping company. The company provides various services, including liner shipping; and tramp shipping for the transport of dry bulk commodities, such as fertilizers, grains, coal, and bauxite, as well as liquid bulk commodities comprising fuel oils, aviation fuels, diesel, molasses, vegetable oils, and light chemicals. It also provides pre- and post-shipment logistical services, including packing and unpacking containers, port services, handling relevant import and export documents, intermediate storage, splitting larger consignments into single consignments, labeling, and customs clearance for various kinds o...

Willy-Brandt-Straße 59-61

Hamburg,  20457

Germany

Founded in 1871

Phone:

49 40 37 05 0

Fax:

49 40 37 05 24 00

Key Executives for Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG

Senior Vice President of North America Region
Global Head of Corporate Communications
Director of North America Region
Regional Director of Asia-Pacific Region
Chairman of the Executive Board
Age: 63
Compensation as of Fiscal Year 2015.

Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG Key Developments

Neptune Orient May Lure Buyers

Temasek Holdings (Private) Limited's planned sale of Neptune Orient Lines Limited (SGX:N03) (NOL) offers potential buyers a modern fleet at a comparative bargain price expected to be around $2 billion, industry and banking sources said. United Arab Shipping Company (S.A.G.) can be expected to join the likes of Hapag-Lloyd AG and Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (Hamburg Sud) in running the rule over NOL, these people said. Temasek recently hired Citigroup to seek buyers for the majority stake in NOL for $2 billion, the people added, triggering the sale of the whole firm under Singapore rules. Citi, Temasek, UASC, Hapag-Lloyd and Hamburg Sud all declined to comment, reported Reuters.

CMA CGM and Hamburg SA to Expand Joint Services

CMA CGM and Hamburg SA have signed an agreement to expand their existing service networks. In addition to the already existing joint services between North Europe and both East- and West coasts of South America, various new initiatives are in the final stages of preparation. Since mid-January Hamburg SA is taking slots between Asia and the Caribbean on CMA CGM's PEX 2 service as well as on the Brazex service which provides it with a connection to Manaus from the Caribbean. Starting mid-May, and subject to prior FMC approval, the lines will start a new pendulum service which will connect Asia, the Caribbean, the United States East Coast and North Europe, together with United Arab Shipping Company (UASC) for the transatlantic side - detailed information will be made available soon. This new service will be complementing the one connecting Asia with United States East Coast via Suez. As from July onwards, the lines will, together with further partners, revamp the services between Asia and both East and West Coast of South America. Details on the new service configurations are being finalized and will be available shortly. The enhanced cooperation allows both lines to provide the market with cost efficient, innovative new products which will be best in class as far as scope, frequency and fast transit times are concerned. Under the Agreement and apart from the above mentioned services, the lines have agreed to explore other cooperation opportunities when they arise.

Hamburg Sud Group Opens New Office in Gandhidham, India; Appoints Paresh Kataria to Head the Branch Office

Hamburg Sud Group opened a new office in Gandhidham, Gujarat, India. Effective October 1, 2014 Ahmedabad and Gandhidham office will take over all commercial activities including Marketing & Sales, Customer Order Management and day-to-day operations in Gujarat from Seabridge Maritime Agency. The company also announced the Mr. Paresh Kataria will head the Gandhidham Branch office.

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