Maersk Chairman considers more divestments

In spite of the fact that Maersk has divested Danske Bank and Dansk Supermarked and is considering further divestments, Maersk continues to be a global conglomerate in order to, among other things, spread the risk, according to chairman Michael Pram Rasmussen.

Photo: Fotograf: Claus Boesen/MediaPress

Maersk is a global conglomerate and will remain to be so, despite the divestments of Dansk Supermarked and Danske Bank, and in spite of the considerations of further divestments, emphasized Chairman of the Board, Michael Pram Rasmussen, in his speech at the group's general assembly in Copenhagen Monday morning.

"Are we then justified in saying this year that we have maintained this strategy, considering that we have divested Dansk Supermarked and Danske Bank, sold a number of smaller companies and are considering additional sales? Yes, we are a Conglomerate. We have simply adjusted our portfolio so that we have an even better opportunity to focus our efforts on the parts of the Group that make up our core business," said Michael Pram Rasmussen, who pointed to spreading risk as one of the significant explanations for the conglomerate's strength.

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

MPC upgrades 2022 guidance after strong first half

MPC Container Ships reports continued advancement inQ2, raising guidance for its operating result to almost half a billion dollars. High rates will continue for several quarters yet, the company expects.

Norden books "fantastic" second-quarter result

Product tanker and dry bulk company Norden bags a result for the second quarter that the carrier itself describes as ”fantastic.” CEO Jan Rindbo says this is due to the ”exceptional” product tanker rates, according to a financial statement.

Further reading

Related articles

Latest news

See all jobs