Maersk's Ocean segment, which covers Maersk Line, Hamburg Süd and a series of port terminals, delivered an operating profit of USD 492 million in the first quarter. Results unsatisfactory on the short term, says CEO Søren Skou.
Mette Refshauge, part of the Danish company Danfoss for the past four and a half years, will instead join Maersk this August. She will take over as head of communications for the Transport & Logistics division.
APM Terminals stod over for store udfordringer på nogle af selskabets vigtigste markeder i 2016. Overskuddet faldt for hele 2016, mens APM Terminals dog overrasker på driftsresultatet i fjerde kvartal.
Over two days of this week, hundreds of managers from Maersk Transport & Logistics voiced their thoughts on the future of Maersk at a seminar in Copenhagen. It involved talking strategies and growth goals for the new Maersk. Two management teams in particular are critical to the outcome.
Investment bank Jefferies believes that Maersk Group's new strategy will create more value for shareholders. There are good opportunities for synergies in the transport division, while future divestments of the energy companies could free up billions of dollars, according to the bank.
Maersk Group will scale down investments in its energy units ahead of ultimately selling the businesses, says Søren Skou at the group's Capital Markets Day on Tuesday. The money spent will mainly go to Maersk Oil.
On Dec. 13 when Maersk Group presents more details in the conglomerate's new strategy at its Capital Markets Day, topics at the top of the agenda will include transport, digitalization, and the divestment of Maersk Oil, reports Danish media Berlingske.
The Maersk senior management team's decision to split the group in two is now making credit rating bureau Moody's question the conglomerate's debt situation. This will "likely" result in a downgrade, as significant parts of the oil income will no longer help bolster the transport division.
With the group split announced on Thursday, Maersk Line will launch a significantly more aggressive strategy on the world seas. "We will take conquer market shares every year," says Group CEO Søren Skou. Clarksons Platou points to massive gains following the split.