DNB: Maersk is looking to exit tanker market completely

Major Norwegian shipping bank DNB believes that Maersk will strike when the right opportunity comes along and thus exit the tanker market completely by divesting its product and chemical tanker fleet.

Norwegian bank DNB, one of the world's biggest lenders to the shipping industry, believes that Maersk is gearing up for a complete exit from the tanker market at some point in the future.

Following the divestment of its entire VLCC fleet - 15 supertankers - in December 2013 for around USD 1 billion, Maersk Tankers is now only active in the product and chemical tanker segments.

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