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Maersk's acquisition "war chest" doubles in size to USD 20 billion

The booming container market has bolstered Maersk's coffers so much that the company now has USD 20 billion to use on acquisitions, shows an analysis a few days before Maersk publishes its 2020 annual report. But analyst doubts that Maersk will be able to achieve its earnings target for logistics before 2023.

Maersks CEO Søren Skou. Foto: Casper Holmenlund Christensen/Jyllands-Posten/Ritzau Scanpix | Photo: Foto: Casper Holmenlund Christensen/Jyllands-Posten/Ritzau Scanpix

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World bank calls LNG a dead end as fuel for shipping

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