Maersk struck gold with oil - but what happens now?

Maersk Group is - perhaps - ready for a historical showdown with the structure as a conglomerate, and now with a fast-pace task force full of heavyweights it will be up for deliberation if all companies should remain part of the group going forward. Here is a review of each company's performance in recent years - in light of the development in oil prices, in freight rates, and in the global economy.

USD 22 billion. That is a lot of money. Even for the biggest company in the Kingdom of Denmark, the Maersk Group.

The number refers to the aggregate earnings at Maersk Oil in the past six years before the financial reports have been balanced. And with the billions of dollars pouring in from the black gold, the oil business has indeed been far ahead of the race in recent years, all in all, as the best business area for the group.

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

Further reading

Related articles

Latest news

See all jobs