Analyst: Maersk's new offshore venture points to family acquisition

The new joint venture between Maersk's drilling company and offshore carrier announced Thursday should be seen as a sign that the Maersk family will end up buying the two companies, analyst tells ShippingWatch.

Nyt joint venture på vej mellem Maersk Drilling og Maersk Supply Service. | Photo: PR-foto: Maersk Drilling og Maersk Supply Service

The two Maersk sales candidates Maersk Drilling and Maersk Supply Service could face intervention from the Maersk family, analyst Lukas Daul of ABG Sundial Collier tells ShippingWatch after the two offshore-related carriers announced a new joint venture centered on decommissioning Thursday morning CET.

While the new company has a budget of USD 20 million seen, limited in light of the billion US dollar business of the two Maersk companies together, this sends a clear signal to the market that it will continue with the same owners.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Container reliability hit new low at the end of 2021

Schedule reliability in the container industry set a new negative record in December 2021 with one route in particular hit hard with an on-time arrival rate of only 10 percent, show figures from Sea-Intelligence. Problems in supply chains are still ”a huge burden,” says Hapag-Lloyd.

Further reading

Related articles

Latest news

See all jobs