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Maersk partners up with Grindrod for joint venture

Upon final approval from the authorities, Maersk will offer onshore logistics services in South Africa in partnership with South African company Grindrod. Maersk will have a controlling stake in the joint venture.

Photo: Sun Yilei/Reuters/Ritzau Scanpix

Maersk plans to use a joint venture with South African company Grindrod as a gangway to offering logistics in South Africa.

By partnering up with Grindrod and setting up a joint venture, in which Maersk will own a 51-percent stake, the container line hopes to improve access and offer customers onshore transportation services in South Africa in parallel with ocean transport.

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