
A.P. Møller-Maersk has announced the company will get rid of its investment in Global Ports, which operates five Russian container terminals, as a consequence of Russia’s invasion of Ukraine, and Maersk is in full swing withdrawing, says Keith Svendsen, incoming chief executive of Maersk’s port operator, APM Terminals.
”We’ve said we’re going to exit. We’re going to close, which we’re working on at the moment, and we will communicate further when we can,” says Svendsen, currently chief operating officer of APM Terminals, to ShippingWatch.
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