
Maersk intends to get rid of its stake in Russian terminal company Global Ports, of which the Danish container line owns 30.75 percent, but who can or will buy into a company in sanctioned Russia, which the International Monetary Fund (IMF) says is headed toward a deep recession?
Maersk itself assesses the sale of its stake in Global Ports could end up taking ”several months,” and that’s hardly an overstatement, says container analyst Lars Jensen, CEO at Vespucci Maritime.
Already a subscriber? Log in.
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.
- Access all locked articles
- Receive our daily newsletters
- Access our app