Sale prohibited
Danish regulatory authorities have prohibited the sale of Maersk Container Industries (MCI) to China International Marine Containers (CIMC), probably following intervention by the US Department of Justice. Maersk Container Industries had been fully focussed on the construction of reefer containers for years. It was feared that the sale of MCI would concentrate too much market power in China, which could potentially be exploited by the Chinese leadership at some point. In any case, around 90 per cent of containers produced worldwide come from China. CIMC alone has a market share of 42 per cent. In the reefer container segment in particular, MCI production would then account for over 90 per cent....
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