Saturday, February 4, 2017

A.P. Moller–Maersk Group – global leader of integrated transport

A.P. Moller–Maersk Group, more commonly known as Maersk, is a Danish business conglomerate headquartered in Copenhagen, which has activities in a variety of business sectors, primarily within the transportation and energy sectors.

From a modest beginning in steam shipping in 1904, A.P Moller-Maersk has grown into a global conglomerate.

A.P. Moller–Maersk Group’s largest operating unit is Maersk Line, the world’s largest overseas cargo and freight carrier. They have 324 offices in 115 countries worldwide and operate 590 container ships. A.P. Moller – Maersk Group also owns the international branch Maersk Oil, which produces more than 500,000 barrels of oil a day and large quantities of gas as well.

They estimate they ship $675 billion worth of good each year, almost as much as the GDP of Switzerland. Their Triple-E vessels can hold 18,000 twenty-foot containers and their current fleet has 5 of these vessels in active service.

In September 2016, A. P. Moller-Maersk Group announced it would be splitting into two separate divisions in order to focus on its core transportation and logistics services. All its oil-related business will be spun off into a separate Energy division.
A.P. Moller–Maersk Group – global leader of integrated transport
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