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 517 Cons. Discr. - Retailing 502 Corp - Ports 902 Corp - Shipping 1014 Germany 262 Health Care 360 India 543 Industrials - Capital Goods 614 Mode - Containerized 1510 Mode - Seaborne 1838 Netherlands 32 Spain 53 United Kingdom 384

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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