New York terminal scrambles to block Maersk early exit
According to American Shipper, Maersk has notified GCT it intended to move to Port Elizabeth on 1 May, but under the terms of the contract between GCT and Maersk, the earliest the lines could leave would be at the end of 2021. In its court filing, GCT president John Atkins alleges “that Maersk and Hamburg Süd are attempting to move to Port Elizabeth for the financial benefit of their sister company, APMT, which is a direct competitor of GCT,” and that Maersk’s “reprehensible conduct [ie, its early contract termination] is magnified by the fact that Maersk is essentially stealing business from GCT to give to its own corporate affiliate, APMT.”
