+
China’s CIMC to acquire Maersk Container Industry at $987.3 mn
WAREHOUSING & LOGISTICS

China’s CIMC to acquire Maersk Container Industry at $987.3 mn

China International Marine Containers (CIMC) is set to acquire reefer plant Maersk Container Industry, an AP Moller-Maersk subsidiary, at $987.3 million.

CIMC will acquire MCI entirely and assets, which comprise a reefer factory in Qingdao, China, and its R&D and test engineering plants in Tinglev, Denmark.

CEO of fleet and strategic brands at A P Moller – Maersk, Henriette Hallberg Thygesen, told the media that the divestment of MCI is part of A P Moller – Maersk’s business transformation, where the the goal is to be an integrated container transport and logistics firm producing customer value across the entire supply chain.

Chairman and CEO of CIMC, Mai Boliang, told the media that by leveraging technology, and innovation they aim to form a new development platform within the cold chain.

Chinese companies now account for an estimated 100% of the world’s refrigerated containers and over 96% of the world’s dry cargo containers.

Image Source


Also read: Allcargo Logistics to foray into container terminal operation business

China International Marine Containers (CIMC) is set to acquire reefer plant Maersk Container Industry, an AP Moller-Maersk subsidiary, at $987.3 million. CIMC will acquire MCI entirely and assets, which comprise a reefer factory in Qingdao, China, and its R&D and test engineering plants in Tinglev, Denmark. CEO of fleet and strategic brands at A P Moller – Maersk, Henriette Hallberg Thygesen, told the media that the divestment of MCI is part of A P Moller – Maersk’s business transformation, where the the goal is to be an integrated container transport and logistics firm producing customer value across the entire supply chain. Chairman and CEO of CIMC, Mai Boliang, told the media that by leveraging technology, and innovation they aim to form a new development platform within the cold chain. Chinese companies now account for an estimated 100% of the world’s refrigerated containers and over 96% of the world’s dry cargo containers. Image SourceAlso read: Allcargo Logistics to foray into container terminal operation business

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code