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

Shipbuilding: DHT Accepts New VLCC

Shipbuilding: DHT Accepts New VLCC

Lee Wise Named President of W.S. Darley & Co.

Lee Wise Named President of W.S. Darley & Co.

Russia Attacks Damage Ukrainan Civilian Ship, Black Sea Port Facilities

Russia Attacks Damage Ukrainan Civilian Ship, Black Sea Port Facilities

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

Subscribe for Maritime Logistics Professional E‑News

Russia and Ukraine accuse each other of attacks on civilians on New Year's Day
Three children among the four injured in Russian attack on Odesa
Source: Canada asks Air India for an investigation into the incident where a pilot reported to duty while under the influence of alcohol.