Hamburg Süd has acquired the container liner activities of Valparaíso-based Compañía Chilena de Navegación Interoceánica (CCNI). The deal includes the related general agency functions of Agunsa Agencias Universales (Agunsa), which is headquartered in Santiago. The deal is subject to approval by the competent antitrust authorities, which is due to be announced at the end of March.
Hamburg Süd will operate the CCNI container liner business under this well-established brand name in the main trades between the West Coast of South America, Asia, Europe and North America respectively.
“Merging the experienced workforces of CCNI and Hamburg Süd will help to create an even stronger organisation that will provide a first class service to the customers of both companies,” the German company said in a press release.
CCNI will discontinue its container liner services and will only use the CCNI name for the car carrier activities which it will retain. Agunsa will continue representing other shipping lines as agent and will also further develop its port and logistics services business in South America.
