The story
Founded by August Bolten, Carl Laeisz, Carl Woermann, Commerz- und Privat-Bank and Heinrich Amsinck in 1869.1
In 1871, Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft (Hamburg–South America Steam Shipping Company, or Hamburg South America Line) was established by a conglomerate of 11 Hamburg-based merchant houses. Three steam-ships totalling 4,000 GRT provided a monthly shipping service to Brazil and Argentina.
By 1914, the company was operating over 50 ships, totaling about 325,000 GRT. World War I culminated in the loss of all Hamburg Süd's ships, and the company was forced to begin again by chartering ships.
The early 1950s saw the company embark on tramp shipping and tanker shipping, and caused the large growth of refrigerated cargo. In 1955, the Dr. August Oetker company took over the entity, and began rapid expansion on its liner and passenger services.
The takeover of Deutsche Levante Linie in 1956 saw the company commence its first foray into the Mediterranean. In 1957, liner services began between North America and Australia/New Zealand, with the Columbus New Zealand being the first container ship to ply trade lanes in the region in 1971, pioneering containerization in the Pacific.
From Wikipedia’s article on Hamburg Süd, shared under CC BY-SA 4.0.4
