APM Terminals CEO wants to increase earnings

APM Terminals has to get more out of its business without making acquisitions - even if the majority of the Maersk Line synergy effect has been achieved and economic growth has stalled, CEO Morten Engelstoft tells ShippingWatch.

by TOMAS KRISTIANSEN

The task was quite specific when Morten Engelstoft began as chief executive of Maersk's port and terminal business APM Terminals two and a half years ago. Both regarding new business opportunities lying before him and the limits imposed on him by Maersk shareholders.

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Maersk moves part of APM Terminals to its logistics unit
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APM Terminals CEO ready to divest loss-making ports
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