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

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

BIMCO: 130 Container Ships Stranded in Persian Gulf

BIMCO: 130 Container Ships Stranded in Persian Gulf

Hapag-Lloyd Earnings Down from Last Year

Hapag-Lloyd Earnings Down from Last Year

Transneft Looks to Redirect Oil From Attacked Baltic Ports

Transneft Looks to Redirect Oil From Attacked Baltic Ports

Subscribe for Maritime Logistics Professional E‑News

Ford's US carrier arrives in Croatia to repair
After being located by the Mexican Navy, two humanitarian aid vessels safely reach Havana
Sources say that Italy's Poste wants to meet with Telecom Italia over the takeover bid