Clarksons Platou: Maersk can easily borrow USD 10 bln

Low debt and high gearing gives Maersk a significant opportunity to finance acquisitions at far better conditions than its competitors, according to the world's largest shipbroker.

A.P. Moeller-Maersk is overcapitalized and could easily borrow USD 10 billion, notes Clarksons Platou on the basis of of the shipping and oil group's Capital Markets Day last week in Copenhagen. According to the Oslo/London-based shipbroker and analyst agency, Maersk is well-placed to pursue the group's ambitions for growth and potential acquisitions. This applies to Maersk Oil, in particular, as the company is highlighted as the business unit most heavily focused on securing inorganic growth, i.e. mergers and acquisitions.

Already a subscriber?Log in here

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.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading