What is the largest shipping company in the world?
The world’s largest shipping company merger in the melting pot (2005.05.11) Denmark’s A.P. Moller – Maersk and Holland’s P&O Nedlloyd are negotiating a merger to form the world’s largest shipping company reports financial daily newspaper Børsen Denmark’s A.P. Moller – Maersk and Holland’s P&O Nedlloyd are negotiating a merger to form the world’s largest shipping company, reports financial daily newspaper Børsen. A.P. Moller – Maersk has 12% of the global container market, while P&O Nedlloys has 5%. Together they would become the world’s largest container shipping company with double the capacity of the closest competitor, Mediterranean Shipping. A.P.Moller – Maersk has confirmed in an announcement that discussions between the two companies are taking place, and that a further announcement will be made at the appropriate moment. P&O Nedlloyd was created in spring 2004 when Peninsular & Oriental Steam Navigation sold its 50% stake in P&O Nedlloyd Container Line to its JV partner Royal Ne