P&O Nedlloyd

In 1963, Nederland Line and Royal Rotterdam Lloyd formed Nedlloyd Lines, each leasing twenty-five ships to the new concern.

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

History of Maersk

From a modest beginning in steam shipping in 1904, Maersk has grown into Denmark’s largest company, a dominant regional player in the North Sea oil and gas industry and the owner of the world’s largest container shipping fleet.

Maersk was established as a privately run shipping business (Svendborg Steamship Company) when 28 year old Arnold Peter Moller together with his father, Captain Peter Maersk Moller, bought a secondhand steamer of 2,200 tons dead weight.

In 1928, the first liner service under the name Maersk Line on the trans-Pacific route from the Far East to the United States. Maersk Line purchased its first container vessel in 1973.

Maersk entered the offshore support market in 1967 as the first Scandinavian shipping company and within a decade became a world leading operator of large offshore support vessels.

Later the offshore services were separated out to a separate business entity in 1974 with the new division named Maersk Supply Service.

In 1975 and 1976 the company bought nine fast container vessels for its transpacific line, the largest investment in the company’s history.

In 1965 Arnold Maersk McKinney Moller, son of Arnold Peter Moller, assumed the eldership of Maersk.
History of Maersk