Major Maersk investors disappointed by scrapping case

ATP, PFA, and Nordea Asset Management are looking to have a friendly chat with Maersk about the carrier's scrapping of vessels. Maersk informs now that the group will no longer sell end-of-life vessels on to third parties.

Photo: IMO

What should have been just a pile of remotely located scrap after the recycling of Maersk's oil tanker North Sea Producer has, after a flurry of media coverage, now also become a high-profile case for the company's investors, report several Danish media.

The ship – in breach of the company's own ethical guidelines – was recycled on a beach in Bangladesh under irresponsible conditions, and major shareholders such as Nordea Asset Management and pensions ATP and PFA now want an explanation.

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