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Wall Street Journal (subscription)

Maersk to Sell Tankers Business for $1.17 Billion
Wall Street Journal (subscription)
A.P. Moeller-Maersk A/S on Wednesday said it would sell its tankers unit to its controlling shareholder for $1.17 billion, the latest move by the Danish shipping and energy conglomerate to break up its sprawling operations and focus on container shipping.

Financial Times

Maersk sells oil tanker unit for $1.2bn
Financial Times
“Having determined the future ownership of Maersk Tankers, we have taken yet an important step in our strategy to free up resources and focus future growth in A.P. Moller – Maersk on container shipping, ports and logistics,” said Soren Skou, Maersk's ...
Maersk to sell tankers unit for $1.17 billionMarketWatch
Maersk Tankers acquisition fits Moller Holding plans to diversifyTradeWinds (subscription)
Maersk sells oil tankers business to parent companyThe Australian
Reuters -The Maritime Executive
all 34 news articles »

Maersk makes bold bid at differentiation by teaming with CRM giant
Logistics Management
Maersk Line—a worldwide leader in transportation and logistics, with a fleet of more than 600 vessels that move in excess of 12 million shipping containers each year—is expanding its use of Salesforce, adding Salesforce Marketing Cloud, Einstein ...
Maersk Line Charts Course to Customer Success with SalesforceHellenic Shipping News Worldwide Inc - CRM - Stock Price Today - ZacksZacks Investment Research

all 125 news articles »

Former Maersk GC Opens NY Law Firm With Five Others
New York Law Journal (registration)
James Philbin, who was general counsel of Maersk Inc., the North American subsidiary of Danish conglomerate A.P. Moller-Maersk A/S, launched The Philbin Law Firm this month. The firm will offer services in litigation, regulatory and investigations, as ...


Singapore Summit: Nils Andersen praises Maersk's restructuring ...
Maersk's ongoing restructuring will improve shareholder value, said former group chief executive Nils Andersen at the Singapore Summit.

and more »

Splash 247

Maersk launches financial transactions platform
Splash 247
Maersk's rapid digital transformation continues apace with news Denmark's companies register recorded on Tuesday a notable new corporate formation. GateTu is a joint venture between A.P.Moller-Maersk and Danske Bank. The aim of GateTu, according to ...

Economic Times

Maersk Line India aims to expand supply chain solutions
Economic Times
MUMBAI: The India unit of Maersk Line, the world's largest container shipping company, is expanding its cargo-shipping role in the country to establish itself as a provider of end-to-end supply chain solutions that would include doorstep delivery.

Port Technology International

Maersk Tankers Shuffled Amid Restructure - Port Technology ...
Port Technology International
AP Moller-Maersk has signed an agreement to sell Maersk Tankers to its controlling shareholder for US$1171 Million in an all-cash transaction.
Maersk sells tanker division | News - Australasian Transport NewsAustralasian Transport News
Tanker Operator Maersk Tankers finds a new homeTanker Operator

all 5 news articles »

FB Roundup: Liliane Bettencourt, Maersk, and Chinese succession
Campden FB
This sale follows last month's disposal of AP Moller-Maersk's oil and gas assets to French firm Total for $7.45 billion, as the company moves to focus on the container shipping, ports, and logistics side of its business. AP-Moller-Maersk chief ...

and more »

Maersk joins Cosco diverting cargo away from Prince Rupert
On Tuesday, Maersk announced that it would be temporarily diverting cargo on its Asian services from DP World's terminal at Prince Rupert and to the DP World's Centerm terminal at Vancouver. The announcement came six days after Cosco announced it ...

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