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The new strategy for Maersk's 5th core business unit

Morten Engelstoft, with his new strategy for the Maersk Group's fifth core business unit, wants to improve the unit's profits significantly. Two of the companies in the unit are in a worse position than their competitors.

Photo: Maersk

CEO of Maersk Tankers and head of the Maersk Group's fifth core business unit, Morten Engelstoft, will over the next two years bring two of the Maersk Group's worst performing companies back on track.

At the Maersk Group's Capital Markets Day in Copenhagen, he presented - for the first time - an outline of the plans to increase the unit's profit, which is particularly lagging at Maersk Tankers and Damco.

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