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

Nuh Çimento Upgrades Port Operations with Electric Portal Crane

Nuh Çimento Upgrades Port Operations with Electric Portal Crane

Bunker Suite Completes First Trial

Bunker Suite Completes First Trial

Waterborne Technology Platform Welcomes EU STIP

Waterborne Technology Platform Welcomes EU STIP

EU Funds 70 Clean Energy Projects

EU Funds 70 Clean Energy Projects

Subscribe for Maritime Logistics Professional E‑News

Rostec reports that defence exports have halved in the last 20 years as Russian orders dominate
Etihad Airways orders 15 Airbus A330s to boost its wide-body fleet
China receives the first shipment of Argentine soy meal since import approval in 2019