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In March 1999, CSX separated Sea-Land into three entities: an international shipping company, a domestic shipping company, and a terminal operator. [2] [9] In December 1999, Maersk acquired the international container shipping business. [2] [10] [11] In 2000, Maersk Line changed its commercial name globally to Maersk SeaLand. [2]
This is a list of the 30 largest container shipping companies as of February 2024, according to Alphaliner, ranked in order of the twenty-foot equivalent unit (TEU) capacity of their fleet. [1] In January 2022, MSC overtook Maersk for the container line with the largest shipping capacity for the first time since 1996. [ 2 ]
[12] [13] SeaLand expanded its operations into the newly developed container terminal. In 1958, the port authority dredged another shipping channel, which straightened the course of Bound Brook, the tidal inlet forming the boundary between Newark and Elizabeth. Dredged materials were used to create new upland south of the new Elizabeth Channel ...
It is the world's largest container shipping company by both fleet size and cargo capacity, [5] controlling 20% of global container capacity as at July 2024. [6] As of November 2023, MSC operates over 790 container vessels with an intake capacity of 5,505,417 twenty-foot equivalent units (TEU). [7]
As of October 2015, Maersk Line along with its subsidiaries such as Seago, MCC, Safmarine and SeaLand, control a combined 18% share of the total container shipping market. [12] Since 1 December 2017, Hamburg Süd had been part of the company. [13] In 2023, it was announced that Hamburg Süd would be unified with the Maersk brand. [14]
Malcom Purcell McLean (November 14, 1913 – May 25, 2001) [1] was an American businessman who invented the modern intermodal shipping container, which revolutionized transport and international trade in the second half of the twentieth century.
A Maersk Line 40ft container being lifted by a crane. A.P. Møller – Mærsk A/S (Danish: [ˈɛˀ ˈpʰe̝ˀ ˈmølɐ ˈmɛɐ̯sk]), usually known simply as Maersk (English: / m ɛər s k / MAIRSK), [3] is a Danish shipping and logistics company founded in 1904 by Arnold Peter Møller and his father Peter Mærsk Møller.
Maersk Sealand container on a trailer. November 1999: Mærsk buys container shipper Sea-Land Corporation with 70 vessels, container terminals and liner service from the CSX Corporation. The new name of the shipping company is Mærsk Sealand.