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

Hormuz Crossings Rise Slightly from Weekend

Hormuz Crossings Rise Slightly from Weekend

Two Millionth Subaru Arrives at Port of Vancouver USA

Two Millionth Subaru Arrives at Port of Vancouver USA

Louisiana International Terminal Permit Granted by U.S. Army Corps of Engineers

Louisiana International Terminal Permit Granted by U.S. Army Corps of Engineers

TowWorks Launches Invoice Intelligence Solution

TowWorks Launches Invoice Intelligence Solution

Subscribe for Maritime Logistics Professional E‑News

Mexico races to remove record seaweed growth from Caribbean beaches
Sources say that the Sheskharis terminal in Russia's Black Sea halted loadings following a drone attack.
Air Canada anticipates record revenue in September and October as premium passengers escape summer heat