marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Hapag-Lloyd: U.S. Probe Ends with no Obligations

February 26, 2019

file Image / CREDIT Hapag-Lloyd
file Image / CREDIT Hapag-Lloyd

Germany's Hapag-Lloyd is cleared of a U.S. Department of Justice probe into the practices of container shipping companies, with no charges brought, a spokesman said on Tuesday.

"Hapag-Lloyd was informed that the U.S. Department of Justice, Antitrust Division is closing its investigation without charges against the company, its affiliates or any other current or former employees," he said.

This followed similar statements by bigger rivals Maersk and Mediterranean Shipping Company (MSC) earlier in the day.

The investigation could have resulted in large fines at a time when the container sector is struggling with slowing global economic growth. 

Reporting by Vera Eckert

Logistics News

A Ceasefire Would Allow Russia to Restart 80% of Black Sea Grain Export Terminals

A Ceasefire Would Allow Russia to Restart 80% of Black Sea Grain Export Terminals

Aderco's 2055G+: Emissions Performance with Shared, Verifiable Data

Aderco's 2055G+: Emissions Performance with Shared, Verifiable Data

ARC Freedom Enters ARC's U.S.-Flagged Fleet

ARC Freedom Enters ARC's U.S.-Flagged Fleet

NYK Contributes to Industry Insight on Ammonia-Fueled Vessels at IMO

NYK Contributes to Industry Insight on Ammonia-Fueled Vessels at IMO

Subscribe for Maritime Logistics Professional E‑News

Saudi Aramco is planning a reorganisation that will create a gas division, according to sources.
Saudi Arabia denies purchasing oil tankers after Iraq accuses it of higher shipping costs
Saudi Defence Fund accelerates maritime sector drive following Houthi Advance