ShippingWatch

Nordea: Damco and Maersk Tankers potential divestments

Maersk Group's announcement, Monday during the general assembly, regarding more divestments, could be referring to companies such as the logistics company Damco and the product tanker carrier Maersk Tankers, says senior analyst Stig Frederiksen of Nordea. And he is not alone.

Maersk has several companies in the group which could be potential candidates for divestment when the time and the price for these companies are assessed to be optimal for a sale. This especially concerns companies such as the currently loss-giving logistics company Damco and the product tanker carrier Maersk Tankers. The former has, after several years of adaptation, been cut to size following the divestment of, for example gas vessels and last year the large crude oil tankers, VLCCs.

This is the assessment from Nordea's Maersk-analyst Stig Frederiksen.

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
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

HMM doubled revenue in Q1

South Korean container line HMM follows the trend of European competitors, which have already presented their first-quarter financials. Revenue doubled in a significant surge.

Further reading

Related articles

Latest news

See all jobs