German Regulators Probe Sale of Maersk Container Maker to China's CIMC

December 9, 2021

© VanderWolf Images / Adobe Stock
© VanderWolf Images / Adobe Stock

Germany's Federal Cartel Office is taking a closer look into the planned sale of Maersk's refrigerated containers maker to China International Marine Containers, a spokesman for the office said on Thursday.

The office has opened an investigation into the effects the takeover of Maersk Container Industry by CIMC could have on the affected markets, it said.

The Danish shipping company signed an agreement to divest its container manufacturer to CIMC in September for $987.3 million.

However, regulatory authorities still need to approve the plans. Until then, the companies remain separate.


(Reporting by Matthias Inverardi, Writing by Miranda Murray; Editing by Kirsten Donovan)

Logistics News

Hide and Seek: Drug Busts at Australia’s Borders

Hide and Seek: Drug Busts at Australia’s Borders

Watch: Los Angeles State of the Port Speech

Watch: Los Angeles State of the Port Speech

Tanker Carrying Venezuelan Heavy Oil Heads to Louisiana

Tanker Carrying Venezuelan Heavy Oil Heads to Louisiana

VLCC Charter Rates Soar - “We are in unprecedented times" say CEO

VLCC Charter Rates Soar - “We are in unprecedented times" say CEO

Subscribe for Maritime Logistics Professional E‑News

Delta Air Lines encourages passengers to rebook flights as Winter Storm Fern threatens the weekend flights
AirAsia is close to a deal with Airbus to buy around 100 A220 aircraft, according to sources
Ukraine's grid operator claims that the energy situation in Ukraine has'significantly worsened'