Maersk injects fresh capital into offshore firm with big plans, removing debt
Maersk builds financial muscle in Maersk Supply Service, which seeks to gain a foothold within US offshore wind via WTIVs. The container group has injected its subsidiary with fresh capital and removed debt.
by DAG HOLMSTAD
Maersk Supply Service, which has been suffering for years under an oil market downturn with lower demand for supply vessels, gets a considerable financial boost from its owner, A.P. Moller-Maersk.
Already a subscriber?Log in here
Read the whole article
Get access for 14 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
![”Simply put, there is too much value at stake by consolidating operations in global supply chains […] to let these stay fragmented,” CEO of Flexport Dave Clark comments. | Photo: Lindsey Wasson/Reuters/Ritzau Scanpix](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/15443496/e5kdk4/ALTERNATES/schema-4_3/Clark.jpg)
.jpg&w=384&q=75)
