 Eventually P&O Nedlloyd, despite a reversed listing on the Amsterdam Bourse, was not able to fend off competition and was taken over by Maersk.The "Stoomvaart Maatschappij Nederland" (SMN), otherwise known as the Netherland Line, was founded in Amsterdam in 1870, while the "Koninklijke Rotterdamsche Lloyd" (KRL) was founded in Rotterdam in 1875.In a long-lasting friendly rivalry, both shipping companies offered regular mail-ship services between the Netherlands and the Dutch East Indies, the Dutch colony in South East Asia now known as Indonesia.