(Mike Wackett – The Loadstar)
AP Møller-Maersk is to split its corporate structure into two separate divisions from next year.
Transport & Logistics will include Maersk Line, APM Terminals, Damco, Svitzer and Maersk Container Industry, with Energy the other business unit, which will comprise Maersk Oil, Maersk Drilling, Maersk Supply Service and Maersk Tankers.
The company said: “By operating as one entity, Transport & Logistics will be able to harvest synergies and optimise operations to secure the industry’s most effective and reliable network. Click here to read more.