marine link image

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

Blaze Hits Russia’s Ust-Luga Oil Port Following Drone Strike

Blaze Hits Russia’s Ust-Luga Oil Port Following Drone Strike

CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion

CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion

Ports of Indiana Handles First Aluminum Shipment

Ports of Indiana Handles First Aluminum Shipment

Iran War Hits Natural Gas Harder than Oil

Iran War Hits Natural Gas Harder than Oil

Subscribe for Maritime Logistics Professional E‑News

Canada talks Keystone XL revival to Trump Administration officials
Fuel costs are increasing, so airlines are reducing their prices and cutting back on their outlook.
Which firms will clean-up after the Iran War is over? Maguire