Safmarine moves in with Maersk

Via IOL Business | 01 Feb 2012 - 05:00:00
The Safmarine shipping line – whose ships are a familiar sight entering and leaving Cape Town, Durban and Port Elizabeth harbours – no longer has a separate corporate structure from the Danish Maersk line, whose owners, the AP Moller-Maersk group, bought it from Safren and Old Mutual in 1999. Source