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.
From 2016 to 2019, the company has booked impairments for a total of USD 1.7 billion on ships, newbuilds and other things, state Maersk's annual reports on recent years, while Maersk Supply Service confirms the extent in a response to ShippingWatch.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.