BREAKING: New York terminal operator sues Maersk for ‘tens of millions’

container terminal

Container carriers and terminal operators could increasingly come to blows as COVID-19 rewrites the global business equation. A now-escalating court battle in New York could be a taste of things to come.

In one corner: Maersk Line and Hamburg Sud, owned by AP Moller Maersk (APM), the largest container carrier operator in the world, with group revenues of $39 billion in full-year 2019.

In the other corner: Vancouver, British Columbia-based Global Container Terminals (GCT), which operates the...

https://s29755.pcdn.co/news/breaking-new-york-terminal-operator-sues-maersk-for-tens-of-millions

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