Offshore

Maersk Supply Service booked impairments worth USD 1.7 billion over four years

In the wake of the oil price collapsing, Maersk Supply Service has booked significant impairments on its assets. The carrier, which is the last part of Maersk's oil industry activities, advanced on both top and bottom lines in 2019.
Photo: PR / Maersk Supply Service
Photo: PR / Maersk Supply Service
by SØREN PICO

The effects of the oil industry's sudden downturn in 2014 have cost major impairments for offshore carrier Maersk Supply Service, the last remaining part of A.P. Moller-Maersk's activities in the oil industry.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs