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 494 Cons. Discr. - Retailing 467 Corp - Ports 880 Corp - Shipping 976 Germany 244 Health Care 353 India 512 Industrials - Capital Goods 582 Mode - Containerized 1468 Mode - Seaborne 1801 Netherlands 25 Spain 47 United Kingdom 369

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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