P&O Nedlloyd
 |
|
| Industry | Shipping |
|---|---|
| Fate | Taken over by Maersk Line |
| Founded | 1997 |
| Defunct | 2006 |
| Headquarters | Rotterdam, Netherlands |
|
Area served
|
Worldwide |
| Services | Container transportation |
| Website | www |
P&O Nedlloyd Container Line Limited was an Anglo-Dutch worldwide ocean-going container shipping line, with dual headquarters in London and Rotterdam. The company was formed in 1997 by the merger of the container-shipping interests of Dutch transportation company Royal Nedlloyd (Nedlloyd Line) and the British maritime shipping giant P&O Group (P&O Containers).
In 2004, Royal Nedlloyd bought the remaining shares from P&O and the company was listed as Royal P&O Nedlloyd on the Dutch stock exchange. Royal P&O Nedlloyd was acquired by the Danish A.P. Moller-Maersk Group (Maersk) in 2005 and was combined with their existing container shipping business Maersk-Sealand to form Maersk Line. As Sealand was the USA based historic innovator of container shipping, Maersk Line subsequently embodies the Dutch, British as well as Danish and American merchant marine legacy.
The company, P&O Nedlloyd, a 50/50 joint venture was formed in December 1996; when P&O Containers Limited (formerly OCL'), a British shipping giant merged its container-shipping interests with the Dutch container transportation company, Royal Nedlloyd Lines. P&O Nedlloyd was the largest partner in the Grand Alliance, which also included shippings concerns such as OOCL, Hapag Lloyd and NYK Lines.
Expanding in 1998, the line purchased Blue Star Line's container business. The company also acquired the container business of Harrison Line (based in the UK). Further expansion came with the buyout of Farrell Lines (US-based) in 2000.
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