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Encyclopedia > Maersk Line

Maersk Line is the trade name for the container-shipping operations of the Danish company A.P. Moller-Maersk. The A.P. Moller-Maersk Group (Danish: A.P. Møller-Mærsk Gruppen) is an international business consortium involved in a variety of business sectors, primarily transportation. ...

Contents


P&O Nedlloyd

P&O Nedlloyd Container Line Limited was an Anglo-Dutch worldwide ocean-going container shipping line, with dual headquarters in London and Rotterdam. The company was formed in 1997 by the merger of the container-shipping interests of the Dutch transportation company Royal Nedlloyd (Nedlloyd Line) and the British shipping giant P&O Group (P&O Containers). The company was the first large merger in the fragmented global container shipping market and is commonly believed to have initiated the current industry consolidation. P&O Nedlloyd Ltd. was acquired by the A.P. Moller-Maersk Group (Maersk) in 2005 and was combined with their existing container shipping business Maersk-Sealand to form Maersk Line. Containerization is a system of intermodal cargo transport using standard ISO containers (also known as isotainers) that can be loaded sealed and intact onto container ships, railroad cars and trucks. ... London is the capital city of England and of the United Kingdom, and is the most populous city in the European Union. ... Rotterdam Location Flag Country The Netherlands Province South Holland Population 588,718 (2006) Coordinates 51° 55 N.; 4° 30 E. Website www. ... The Peninsular and Oriental Steam Navigation Company, which is usually known as P&O, is a British shipping and logistics company which dates from the early 19th century. ... The A.P. Moller-Maersk Group (Danish: A.P. Møller-Mærsk Gruppen) is an international business consortium involved in a variety of business sectors, primarily transportation. ...


History

P&O Nedlloyd's Logo retained P&O's royal blue with Nedlloyd's trademark orange.
Enlarge
P&O Nedlloyd's Logo retained P&O's royal blue with Nedlloyd's trademark orange.

The company was formed by merging P&O Containers Limited (formerly OCL) and Nedlloyd Lines, in December 1996 as a 50/50 joint venture of P&O and Royal Nedlloyd representing the liner shipping interests of the two companies. 1996 (MCMXCVI) was a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ... The Peninsular and Oriental Steam Navigation Company or P&O is a shipping line which started in 1840 after the Peninsular Steam Navigation Company won the British Admiralty contract to carry the mail overseas in 1837. ...


The company marketed itself as: "a worldwide port-to-port, or door-to-door, service using an extensive global network." At its height, P&O Nedlloyd had over 70 established trade lanes and provided connections to more than 250 main ports serving 120 countries worldwide. These elements, combined with well-developed feeder lines, extensive inland transport capabilities and port facilities, formed the base of its business, which quickly earned a reputation for being customer-focused.


P&O Nedlloyd was the largest partner in the Grand Alliance, which also included shippings concerns such as OOCL, Hapag Lloyd and NYK Lines. The Orient Overseas Container Line (OOCL) is a Hong Kong-based containerized shipping and logistics service company. ... Hapag-Lloyd is a German transportation company comprising a cargo container shipping line, Hapag-Lloyd Container Line, and a cruise line, Hapag-Lloyd Cruises. ... The Japan-based Nippon Yusen Kabushiki Kaisha, Nippon Yusen Kaisha (日本郵船), or NYK Line, is one of the largest shipping companies in the world. ...


Expanding in 1998, the line purchased Blue Star's container business. The company also acquired the container business of Harrison Line (based in the UK). Further expansion came with the buyout of Farrell Lines (US-based) in 2000. 1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ... This article is about the country in North America. ... This article is about the year 2000. ...


In April 2004 Royal Nedlloyd purchased the remainder of P&O's share to make it a wholly owned division of Royal Nedlloyd, and the company was listed on the Euronext Amsterdam as Royal P&O Nedlloyd NV. On its own, it was the third largest container transportation and shipping carrier in the world, with routes connecting all parts of the globe. 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Euronext N.V. is a pan-European stock exchange with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. ...

2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... The United States dollar is the official currency of the United States. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... The United States dollar is the official currency of the United States. ...

A.P. Moller Acquisition

In May 2005 Maersk announced plans to purchase P&O Nedlloyd for 2.3 billion euros. The combined company would be by far the largest shipping company in the world with about 18% of world market share. Maersk completed the buyout of the company on 13 August 2005, Royal P&O Nedlloyd shares terminated trading on 5 September. In February 2006, the new combined entity adopted the name "Mærsk Line" 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... ISO 4217 Code EUR User(s) European Union; Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Andorra, Monaco, San Marino, Vatican City, Montenegro, Mayotte, Kosovo, and Saint-Pierre and Miquelon Inflation rate 1. ... August 13 is the 225th day of the year in the Gregorian Calendar (226th in leap years), with 140 days remaining. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... February 2006 : ← - January - February - March - April - May - June - July - August - September - October - November - December- → 1 February 2006 (Wednesday) Governor of West Virginia Joe Manchin asks for a halt in coal mining following two more coal mining deaths in the state that saw fourteen people die in coal mining disasters in...


At the time the company was folded into A.P. Moller, it had a fleet of over 160 owned and chartered vessels, and a container fleet numbering some 635,000 owned and leased TEUs (twenty-foot equivalent units). The Maastricht Treaty (formally, the Treaty on European Union) was signed on 7 February 1992 in Maastricht between the members of the European Community and entered into force on 1 November 1993, under the Delors Commission. ...


Sea-Land Corporation

Sea-Land Corporation was a United States shipping company that pioneered containerization. Established by Malcom McLean, it was at 1988 part of CSX Corporation and since 1999 part of the A.P. Moller-Maersk Group under the name Maersk Line. Damaged package The Panama canal. ... Containerization is a system of intermodal cargo transport using standard ISO containers (also known as isotainers) that can be loaded sealed and intact onto container ships, railroad cars and trucks. ... Malcom Purcell McLean (born “Malcolm”; but late in life he changed his given name to its historic traditional Scottish spelling) (1913-May 25, 2001), born in Maxton, North Carolina, often called “the father of containerization, in 1956 developed the metal shipping container, which replaced the traditional break bulk method of... CSX Corporation was formed in 1980 by the merger of Chessie System and Seaboard Coast Line Industries and eventually merged the various railroads owned by those predecessors into a single line that became known as CSX Transportation. ... The A.P. Moller-Maersk Group (Danish: A.P. Møller-Mærsk Gruppen) is an international business consortium involved in a variety of business sectors, primarily transportation. ...


Company business

  • Container Shipping
  • Logistics Services

Subsidaries

  • Maersk Logistics
  • Martinair (50% and KLM 50%)
  • China Shared Services Centre
  • India Shared Services Centre

Martinair aircraft at Amsterdam (Schiphol) Airport, the Netherlands (two McDonnell Douglas MD-11 and a Boeing 747) Martinair is both a charter and scheduled airline based in the Netherlands, with daily passenger or cargo charter and regular flights to many destinations around the world from its main base of Schiphol... KLM (in full: Koninklijke Luchtvaart Maatschappij, literally Royal Aviation Company; usual English: Royal Dutch Airlines) is a subsidiary of Air France-KLM. Before its (agreed) take-over by Air France, KLM was the national airline of the Netherlands. ...

External links

  • maerskline.com
  • maersklogistics.com
  • Martinair
  • Blue Star Line on the web

  Results from FactBites:
 
Horizon Lines extends Maersk agreements - Boston.com (109 words)
Shipping and logistics company Horizon Lines Inc. said Monday it renewed and extended commercial and operating agreements with Denmark's AP Moller Maersk Group through 2010.
CHARLOTTE, N.C. Shipping and logistics company Horizon Lines Inc. said Monday it renewed and extended commercial and operating agreements with Denmark's AP Moller Maersk Group through 2010.
Horizon Lines shares added 34 cents to $28.20 in morning trading on the New York Stock Exchange.
East West v. DKBS 1912 CofA (7837 words)
In September and October 1998 (in the case of Maersk Line) and February 1999 (in the case of PandO), the claimants shipped goods in containers from Hong Kong to San Antonio in Chile, by liner services operated by Maersk Line (DKBS 1912 and AKTS Svenborg) and PandO Nedlloyd.
As regards the claim in negligence, the shipping lines had argued that there was no basis for holding them responsible once they had parted with possession of the containers to their warehouse operators.
The lines submitted that the duties of a bailee, towards an owner or person entitled to immediate possession of the goods with whom (as here) he had no contractual relationship, were limited to the period until he delivers up actual possession of the goods.
  More results at FactBites »


 

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