Maersk splits into energy and transport companies

Shipping giant AP Moller-Maersk has been hit by slumping oil prices
Maersk graph

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 ...