ShippingWatch

Maersk conglomerate began to impede its business units

While now-departing Group CEO Nils Smedegaard Andersen has maintained support for the group's conglomerate structure, there are several current examples of this structure having a negative impact on Maersk. For instance, the structure allegedly derailed the acquisition of APL, ShippingWatch has learned. Our series "The new Maersk" begins here.

Photo: Katrine Marie Kragh/Polfoto/Arkiv

Maersk Line has for the past three quarters of a year been working hard and in vain to complete an acquisition of one of the major container carriers in the sector, with the known example of APL being just one of these, sources tell ShippingWatch.

The outcome is known to most observers at this point, as Maersk Line, to the surprise of many, is now negotiating to expand its own 2M alliance with the perhaps most poorly operated container carrier of them all, South Korea's Hyundai Merchant Marine (HMM), a carrier which is in reality still teetering on the edge of ruin.

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