Maersk sells container factory MCI to Chinese CIMC

Maersk sells container factory MCI to China International Marine Containers in a transaction worth USD 987.3 million. MCI's 2,300 employees will transfer to the new owners.

Photo: Maersk Container Industry/PR

After spending quite some time scanning the market for new possible owners, Maersk has now succeeded in divesting its container factory Maersk Container Industry (MCI) to Chinese logistics company China International Marine Containers.

According to a press release from Maersk, the transaction is valued at USD 987.3 million on a cash and debt-free basis.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

IKEA sustainability manager: Green solutions should not cost more

As a starting point, furniture giant Ikea won't accept that green solutions become more expensive than polluting solutions, says Elisabeth Munck af Rosenschöld, Global Sustainability Manager for Supply Chain Operations, to ShippingWatch. Ikea is part of an alliance of global companies that calls for green shipping by 2040.

Long Beach logjam of container vessels grows to 80

Bottlenecks at major US container ports in continue to grow, with the ports of Long Beach and Los Angeles being the worst hit at the moment. Here, 80 vessels are waiting to berth, according to new figures form Vessels Value.

Further reading

Related articles

Trial banner

Latest news

See all jobs