Maersk Sells Container Manufacturing Business as China Solidifies Lead

A.P. Moller – Maersk is selling its container manufacturing operation to China International Marine Containers Ltd. in a transaction designed to support both company’s long-term strategic plans. Maersk is focusing on its transportation and logistics business, while China is consolidating its lead as the sole manufacturer of cargo containers.

China International Marine Containers Ltd. (CIMC), headquartered in Shenzhen, China, agreed to acquire Maersk Container Industry. The transaction, which...

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.