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By the end of 1974, Reynolds had put more than $1 billion into Sea-Land, building huge terminals in New Jersey and Hong Kong and adding to its fleet of container ships. [citation needed] Sea-Land's biggest expense was fuel, so in 1970, RJR bought the American Independent Oil Co., better known as Aminoil, for $56 million. RJR put millions into ...
Hapag and NDL continued to compete until they established a joint-venture container line. The "Hapag-Lloyd Container Line", founded in 1967 and operating from 1968 onward, was established to share the huge investments related to the containerisation of the fleets. The two companies finally merged on 1 September 1970, under the name Hapag-Lloyd. [4]
1970-1987 Type C6-S-1w container ship, IMO 5278913, converted from C4-S-1a cargo ship Pioneer Mill, originally Show Me Mariner, 1954 SS American Altair: 1982-1987 Partial container ship, IMO 6421347, originally C4-S-60a Mormacaltair, 1964 SS American Apollo: 1970-1988 Type C7-S-68e container ship, IMO 7025269 SS American Aquarius: 1971-1988
Shipping containers at the Port Newark-Elizabeth Marine Terminal in New Jersey, US A container-goods train on the West Coast Main Line near Nuneaton, England Double-stack Union Pacific container train crossing the desert at Shawmut, Arizona An ocean containership close to Cuxhaven, Germany A container ship being loaded by a portainer crane in Copenhagen Harbor, Denmark.
In 1970, the container shipping companies HAPAG and North German Lloyd (NGL) merged into Hapag-Lloyd AG to form one of the world's biggest container shipping companies. In 2008, Hapag-Lloyd was acquired by the City of Hamburg and a group of private investors, the Albert Ballin Consortium.
A mix of modern standard containers and old Conex boxes used for training purposes, Fort Carson, 2013 The CONEX box, a portmanteau of "Container, express", is a type of cargo container that was developed during the Korean War and was used to transport and store supplies during the Korean and Vietnam wars.