Maersk’s new service may bring Deichmann, H&M back to Chennai — Panjiva
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Maersk’s new service may bring Deichmann, H&M back to Chennai

Cons. Discr. - Apparel 530 Cons. Discr. - Retailing 517 Corp - Ports 909 Corp - Shipping 1026 Germany 267 Health Care 362 India 551 Industrials - Capital Goods 620 Mode - Containerized 1524 Mode - Seaborne 1845 Netherlands 35 Spain 57 United Kingdom 389

Maersk is reconfiguring its Asian services, including those from India to Europe, aimed at “improving speed to market, providing higher predictability and offering more flexibility” as well as bringing “resilience to the customers’ supply chains”. That follows a slew of disruptions to shipping from India including the Suez Canal closure. The revised ME7 service connects Chennai in India with ports in Germany, the Netherlands, Spain and the U.K. Total trade on the lane by all shipping firms was worth $1.25 billion in the 12 months to May 31. Shipments on the route fell by 19.0% in the thr...

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