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

CMA CGM Expands Support for Kenyan Logistics

CMA CGM Expands Support for Kenyan Logistics

Baltic Index Rises Alongside Rates Across Vessel Segments

Baltic Index Rises Alongside Rates Across Vessel Segments

Vesselindex Report Shows Fewer Listed Dry Bulk Owners Beat Market in 2025

Vesselindex Report Shows Fewer Listed Dry Bulk Owners Beat Market in 2025

Contship Introduces First Electric Port Tractor into Operations

Contship Introduces First Electric Port Tractor into Operations

Subscribe for Maritime Logistics Professional E‑News

LOT Polish Airlines claims Boeing hid 737 MAX concerns in order to sell jets
S&P 500 closes at a higher level, AI fervor ends Iran impasse
Freeport LNG in Texas increases gas consumption over the weekend following a train shutdown on Friday