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

PSA Singapore Chooses Motorola Solutions’ TETRA Radio Technology During Port Expansion

PSA Singapore Chooses Motorola Solutions’ TETRA Radio Technology During Port Expansion

How the MV Estonia Disaster Reshaped Passenger Ship Safety

How the MV Estonia Disaster Reshaped Passenger Ship Safety

Hazardous Cargo Compensation Regime Close to Entry into Force

Hazardous Cargo Compensation Regime Close to Entry into Force

Iran Could Offer Oman Exit Proposal

Iran Could Offer Oman Exit Proposal

Subscribe for Maritime Logistics Professional E‑News

Lufthansa reduces capacity due to fuel price increases and labour disputes
Merz: Germany is ready to secure the transit of Hormuz after the end of hostilities
Vote on Inpex Employment Deal by Australian LNG Workers