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

New Excursion Boat Debuts at Port of Los Angeles

New Excursion Boat Debuts at Port of Los Angeles

MPA and MSC to Advance Sustainable and Digital Development

MPA and MSC to Advance Sustainable and Digital Development

Victoria International Container Terminal Deploys Hybrid Automatic Container Carriers

Victoria International Container Terminal Deploys Hybrid Automatic Container Carriers

Damen Expands Combi Freighter Series

Damen Expands Combi Freighter Series

Subscribe for Maritime Logistics Professional E‑News

India approves $1 Billion Fund to Help Airlines Weather Fuel Cost Surge
Maguire: South America's ascent as a key crude oil supplier swing supplier
The US has told Europe and Canada to increase NATO air and Naval Forces