Maersk has actually consented to offer its overseas aquatic provider Maersk Supply Service to family-owned holding firm A.P. Moller Holding for $685 million, the Danish delivery titan claimed in a declaration on Monday.
The sale notes the conclusion of Maersk’s tactical change that started in 2016 far from power in the direction of concentrating on its transportation and also logistics company, that included marketing its oil expedition and also manufacturing company in 2017.
“It marks the completion of our initial decision to divest all energy related activities and focus on truly integrated logistics,” Maersk’s Chief Financial Officer Patrick Jany claimed.
In 2019, Maersk needed to desert strategies to offer Maersk Supply Service, pointing out difficult market problems.
The firm supplies solutions to the oil and also gas and also overseas wind market with 36 vessels.
(Reuters – Reporting by Louise Breusch Rasmussen, Editing by Jacob Gronholt-Pedersen and also Terje Solsvik)