the largest firms. A.P. Moller, which had 10.7% of the world market share
in 2005, announced a $2.9 billion takeover of P&O Nedlloyd in 2005.
From this transaction A.P. Moller took the top position gaining 16% of the
world’s total containership carrying capacity. Hapag Lloyd acquired
Canadian CP Ships Group for $2.0 billion