Hamburg Süd is one of the key carriers on the North-South trade routes by ocean transportation. It is part of the Oetker Group, a family-owned German conglomerate.
One of Germany's largest marine transportation companies, Hamburg Süd operates a fleet of about 175 vessels, including some 115 containerships with an overall capacity of about 290,000 twenty-foot equivalent units (TEU).
The Hamburg Süd fleet also includes dry bulk carriers and tankers. Scheduled liner services for containers make up about 85% of the company's revenues.
New catch limits set for 32 fish stocks New Zealand
The commercial tarakihi (Nemadactylus macropterus) catch in the fisheries areas off the east coast of the North and South Islands is to be reduced by 20 per cent in an effort to rebuild the depleted stock.