In 1970, Nederland Line vessels were transferred to the new Royal Nedlloyd along with vessels of Royal Rotterdam Lloyd and United Netherlands Navigation Company.
The important merger in the shipping sector in EU was the creation of P&O Nedlloyd.
The company was formed in 1997 through the merger of the container-shipping interests of Dutch Royal Nedlloyd NV (Nedlloyd Line) and the British maritime shipping giant Peninsular and Oriental Steam Navigation Co (P&O Containers).
After the merger, P&O Nedlloyd becoming a market leader in logistic services and provides a total transportation service package geared to individual manufacturers and their customers’ needs. It has significant transportation and logistics operation across Europe.
In 2005, P&O Nedlloyd was acquired for Euro2.3 billion and the new merged company is named Maersk Line and thereby increased its global influence and professional skills in global logistics and international supply chain management.
P&O Nedlloyd
