Maersk Finds Breaking Up is Easy To Decide — Panjiva
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Maersk Finds Breaking Up is Easy To Decide

Brazil 415 Corp - Shipping 1026 Energy - Conventional 468 Logistics 476 Mergers 220 Mode - Seaborne 1845 U.S. 5399

Maersk’s strategic review has decided to split into separate transport and energy operations, as widely expected. One notable item in Maersk Line’s strategy is a decision to bolster organic growth with acquisitions, rather than new capacity. It’s not clear whether its 28 vessel orders will be retained. Organically Maersk has shown discipline during Hanjin Shipping’s troubles. For example, Maersk’s share of U.S-bound shipments was flat at 6.1% in August, yet it may rise with its new TP1 service. Its share of the highly competitive Brazilian market actually fell in July.

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