Die Santa Teresa besitzt eine Stellplatzkapazität von 7.100 TEU und ist mit 1.600 Kühlcontaineranschlüssen ausgestattet. Damit gehört sie zu den größten Schiffen, die je für die Hamburg Süd gebaut wurden. Sie wird derzeit im Dienst der Hamburg Süd zwischen Europa und Südamerika Ostküste eingesetzt. The Santa Teresa has a slot capacity of 7,100 TEU and is fitted with 1,600 reefer container plugs, making her one of the largest ships ever built for Hamburg Süd. She is currently deployed in Hamburg Süds service between Europe and South America East Coast.The respective boards of Maersk Line and Oetker Group have approved the agreement for a takeover by the former of shipping company Hamburg Süd, in a deal first announced last December.

The acquisition of the Oetker subsidiary will add 20% to Maersk Line’s capacity and 26% to revenues, mainly on the north-south trade lanes to Latin America, according to a research note by Jefferies when the deal was first announced.

It will also raise Denmark-headquartered Maersk’s share of global capacity to 18.6% from 16%. The combined fleet will consist of 743 container vessels.

Maersk will pay €3.7 billion (US$4 billion) to buy its smaller rival using a combination of cash and debt. It will finance the acquisition through a syndicated loan facility.

The deal reflects a trend of consolidation in the shipping industry, which is suffering from record low rates and overcapacity. Back in August, the collapse of major player Hanjin provided further evidence of the pressures on the sector.

Combined, the two companies will target operational synergies in the region of $350m-$400m annually over the first couple of years. Cost synergies will be derived from integrating and optimising the two companies’ networks, as well as standardised procurement, according to Maersk.

Søren Skou, CEO of Maersk Line, said: “The acquisition is cementing our position as the largest and leading carrier in container shipping, and it will provide great opportunities for the employees of both companies.”

“By keeping Hamburg Süd as a separate and well-run company, we will limit the transaction and integration risks and costs while still extracting the operational synergies,” he added.

The combined network will offer an increased number of weekly sailings, faster transit times, more port calls, more direct port-to-port calls and less need for transhipment.

The US Department of Justice and the EU Commission have already approved the proposed acquisition and Maersk expects it to complete by the end of this year.