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

Russian Seaborne Oil Exports Rise 16.4% in August

Russian Seaborne Oil Exports Rise 16.4% in August

Iran Reroutes Russian Wheat Imports Through Caspian Sea

Iran Reroutes Russian Wheat Imports Through Caspian Sea

Strait of Hormuz Vessel Traffic Slows to a Trickle

Strait of Hormuz Vessel Traffic Slows to a Trickle

Panama Canal Stress: Is the Worst Dead Ahead?

Panama Canal Stress: Is the Worst Dead Ahead?

Subscribe for Maritime Logistics Professional E‑News

Officials in the US claim that two vessels bound for the US were allegedly compromised by hackers.
China creates a no-fly area the size of Italy around Beijing following rare crash
Maguire: Super El Nino could throw Europe's gas forecasts out of course