Offshore

CEO Engelstoft outlines the challenges at APM Shipping Services

Morten Engelstoft is CEO of APM Shipping Services, which includes Maersk Supply Service, Damco, Svitzer and Maersk Tankers and which has more than doubled its result in 2015. But two of the companies are particularly challenged. "We have come far," the CEO tells ShippingWatch.
BY OLE ANDERSEN

Maersk Supply Service, along with logistics company Damco, seem to represent the main challenges at the Maersk Group's fifth core business unit APM Shipping Services. Apart from Maersk Supply Service and Damco, the unit also includes Maersk Tankers as well as Svitzer, both of which presented significantly improved results in 2015.

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