CIMC Group Announces 2022 Annual Results

Credits: CHUTTERSNAP/Unsplash

On March 28, CIMC Group, a world leading supplier of logistics and energy equipment, announced its audited results for the year ended December 31, 2022.

FY2022 Key Highlights

Total revenue was RMB141.5 billion, maintaining above RMB 100 billion level. Net profit attributable to shareholders and other equity holders of the Company after deducting non-recurring profit or loss was RMB 4.28 billion, the second highest performance in history
— Total revenue was RMB141.5...

https://mfame.guru/cimc-group-announces-2022-annual-results/

EE.UU. impide fusión de fabricantes de contenedores refrigerados CIMC & Maersk

EE.UU. impide fusión de fabricantes de contenedores reefer China International Marine Containers Group Co y Maersk por objeciones autoridades antimonopolio.

Esta entrada EE.UU. impide fusión de fabricantes de contenedores refrigerados CIMC & Maersk Aparece primero en FullAvanteNews.

https://fullavantenews.com/ee-uu-impide-fusion-de-fabricantes-de-contenedores-refrigerados-cimc-maersk/?lang=es

‘Stop’ on Maersk’s divestment of MCI

A.P. Moller – Maersk and China International Marine Containers (CIMC) have announced that the previously announced transaction has been terminated, whereby CIMC would acquire Maersk Container Industry (MCI), a manufacturer of refrigerated containers, from the Danish carrier.

The reason the deal has stalled is because of significant regulatory challenges preventing the transaction from closing.

The proposed divestiture was announced on 28 September 2021 and was expected to close in 2022.

“It is...

https://container-news.com/stop-on-maersks-divestment-of-mci/

EE.UU. bloquea la fusión de proveedores mundiales de contenedores por la concentración del mercado 

A stack of Maersk ocean shipping containers a port.

China International Marine Containers Group Ltd., el mayor fabricante de contenedores de acero utilizados para el transporte marítimo, ha abandonado su intención de adquirir el negocio de fabricación de contenedores refrigerados del gigante del transporte marítimo Maersk tras las objeciones de las autoridades de competencia de Estados Unidos, dijo el jueves el Departamento de Justicia.  

A.P. Moller-Maersk acordó en septiembre de 2021 vender Maersk Container Industry A/S y su fábrica de Qingdao,...

https://www.freightwaves.com/news/ee-uu-bloquea-la-fusion-de-proveedores-mundiales-de-contenedores-por-la-concentracion-del-mercado

US blocks merger of global container suppliers over market concentration

A stack of Maersk ocean shipping containers a port.

China International Marine Containers Group Ltd., the largest manufacturer of steel containers used for ocean shipping, has abandoned its intended acquisition of shipping giant Maersk’s refrigerated container manufacturing business after objections from U.S. competition authorities, the Department of Justice said Thursday. 

A.P. Moller-Maersk agreed in September 2021 to sell Maersk Container Industry A/S and its Qingdao, China, factory to CIMC for $987 million. The divestment is part of Maersk’s...

https://www.freightwaves.com/news/us-blocks-merger-of-global-container-suppliers-over-market-concentration

China International Marine Containers To Acquire Maersk Container Industry

maersk container being lifted

China International Marine Containers Ltd., a global leader in logistics and energy equipment, will acquire the A.P. Moller – Maersk owned Maersk Container Industry, a leading manufacturer of refrigerated containers. This finalizes Maersk’s strategic review of Maersk Container Industry announced at its Capital Markets Day in May 2021.

The container logistics company A.P. Moller – Maersk (Maersk) signed an agreement on Monday 27 September 2021 to sell its reefer manufacturer, Maersk Container...

https://www.marineinsight.com/shipping-news/china-international-marine-containers-to-acquire-maersk-container-industry/

Wallenius Inks 2+2+2 Next Generation Low Emission 6500CEU PCCs Deal With CIMC Raffles

CIMC Raffles nets 2+2+2 Next Generation Low Emission 6500CEU PCCs deal with Wallenius

On 30 June 2021, CIMC Raffles signed an EPC contract with Wallenius for 2 + 2 + 2 Next Generation Low Emission 6500CEU PCC vessels through Teams Meeting online. Mr. Wang Jianzhong, CEO and President of CIMC Raffles and Mr. Kleberg Jonas, Chairman and CEO of Soya Group and Wallenius Lines signed on behalf of both companies witnessed by the respective management and project teams.

This is the 2nd time both companies are cooperating after previous good cooperation., This enhances the market...

https://www.marineinsight.com/shipping-news/wallenius-inks-222-next-generation-low-emission-6500ceu-pccs-deal-with-cimc-raffles/

How three Chinese companies cornered global container production

containers

Never before has the humble ocean shipping container been this important to American business. If you can’t get one, you can’t move your international cargo — and supply has never been tighter. The cost of global trade is now contingent on how many containers exist, where they are and where they aren’t.

How many containers exist is controlled by China. Virtually every ocean shipping container in the world is built there. 

Just three Chinese companies account for the majority of production, with...

https://www.freightwaves.com/news/how-three-chinese-companies-cornered-global-container-production

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