Maersk has sold port terminal in Angola
The terminal accounted for around a quarter of the logistics and transportation giant’s port activity in Africa.
Af MarketWire
A.P. Møller-Mærsk has sold its port terminal in the city of Luanda in Angola, which for many years has been one of the most profitable businesses for Maersk’s port company APM Terminals, according to Danish business daily Børsen.
The divestment took place in the fourth quarter of 2022, after the company earlier this year increased investments in the port with reference to meeting future customer needs, the media reports.
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