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Maersk Product Tankers sold off ships in miserable 2021

Maersk Product Tankers divested from its tanker fleet in a year 2021 that saw major losses. Conversely, Maersk Tankers books a positive bottom line. The companies expect to see an improved market in 2022.

Maersk Product Tankers, headed by Christian Ingerslev, sold off tankers in 2021, which ended with red bottom-line figures. | Photo: Maersk Tankers

Maersk Product Tankers sold off from its fleet in a miserable year 2021 for product tanker carriers, which also ended with red bottom-line figures for the Danish shipping company.

Overall, 2021 was a poor year for product tanker, in which markets along the way achieved ”historically low levels,” Maersk Product Tankers writes in the beginning of its financial report.

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