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

Ships Trickle Through Strait of Hormuz

Ships Trickle Through Strait of Hormuz

Houston Ship Channel Trade Tonnage Climbs 16%

Houston Ship Channel Trade Tonnage Climbs 16%

China Ships First Large Cargo of Brazilian Sorghum

China Ships First Large Cargo of Brazilian Sorghum

Conoship Adds 40-MWh Battery-Electric Option to CIP3800 Coaster

Conoship Adds 40-MWh Battery-Electric Option to CIP3800 Coaster

Subscribe for Maritime Logistics Professional E‑News

The Iran War energy crisis has just begun: Bousso
LSEG data indicates that France is set to ship rare wheat to Sudan
The Iran War energy crisis has just begun: Bousso