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Maersk targeting Hanjin and Hyundai in new acquisition strategy

Wednesday, September 28, 2016 - 05:50

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Maersk currently ranks third in Trans-Pacific trade, where it ships 8 per cent. Buying Hanjin and Hyundai would double its market share on that route.

Copenhagen

AP Moeller-Maersk A/S's container line, which this month ditched a strategy of building new vessels and will instead try to grow through acquisitions, is targeting South Korea's two biggest shipping firms, according to Jefferies International Ltd.

Hanjin Shipping Co last

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