Maersk splits into energy and transport companies

Maersk splits into energy and transport companies View Gallery
Shipping giant AP Moller-Maersk has been hit by slumping oil prices

Giant Danish conglomerate AP Moller-Maersk has been forced to split in two after facing a “perfect storm” of falling global trade and slumping oil prices. The company operates the world’s largest shipping business, and is breaking up into a transport company and an energy company.

“Separating our transport and logistics businesses and our oil and oil-related businesses . . . will enable both to focus on their respective markets. Both face very different underlying...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post