Maersk Line and Sea-Land Service Inc. had entered into an agreement of joint employment of vessels and service on the trades between Asia and North America as well as Europe and the Far East.
The agreement was to take effect from 1996. For the customers, the cooperation meant a possibility for faster transit times, increased flexibility, and additional direct port calls.
On 10 December 1999, the A.P. Moller Group acquired the international container business of Sea-Land Service Inc. The business was integrated with the A.P. Moller Group companies and as part of the integration, Maersk Line changed its name to Maersk Sealand.
The acquisition comprised 70 vessels, almost 200,000 containers as well as terminals, offices and agencies around the world.
ADRIAN MÆRSK IN THE PANAMA CANAL