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 492 Cons. Discr. - Retailing 465 Corp - Ports 877 Corp - Shipping 973 Germany 244 Health Care 352 India 509 Industrials - Capital Goods 580 Mode - Containerized 1465 Mode - Seaborne 1798 Netherlands 24 Spain 47 United Kingdom 367

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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