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AP Moller - Maersk Group

February 8, 2018

Maersk charts blockchain future; Samsung heir’s release may boost economy; ads to help correct ‘misperceptions’ of Koch Industries

Maersk charts blockchain future

AP Moller—Maersk has entered into a joint venture with IBM and logistics company Agility, which aims to use blockchain technology to make the companies’ supply chains more efficient and secure.

Maersk, controlled by the eponymous family via AP Moller Holding A/S, wants to create a trade platform using distributed ledger technology, which establishes a shared, set-in-stone record of transactions. It also allows those within a particular network to access the data minutes after transactions take place.

August 25, 2017

AP Moller-Maersk is to sell its oil and gas assets to French firm Total for $7.45 billion, a decision the matriarch of the founding family described as “difficult, but right”.

AP Moller-Maersk is to sell its oil and gas assets to French firm Total for $7.45 billion, a decision the matriarch of the founding family described as “difficult, but right”.

The agreement follows an announcement late last year by Maersk that it would split its operations into two entities, one focussed on energy (Maersk Oil), the other on container shipping, ports and logistics (Maersk Line).

February 16, 2017

The McKinney Møller family intends to directly own – partly or as a majority shareholder – several Maersk-related entities following key strategic changes at the Danish transport-to-energy behemoth Maersk Group.

The McKinney Møller family intends to directly own – partly or as a majority shareholder – several Maersk-related entities directly following key strategic changes at the Danish transport-to-energy behemoth Maersk Group.

The announcement comes as the 113-year-old Danish company replaced its chairman of 14 years and posted its second heaviest loss in seven decades.

August 21, 2014

Danish shipping company Maersk Line, owned by the McKinney-Moeller family, is to buy back $1 billion (€750 million) in shares - the first buyback scheme in its 110-year history. 

Danish shipping company Maersk Line, owned by the McKinney-Moeller family, is to buy back $1 billion (€750 million) in shares - the first buyback scheme in its 110-year history. 

The world’s largest shipping company said this week it would complete the buy back over the next 12 months, with the possibility of buying more shares in future. 

April 16, 2012

Shipping tycoon Arnold Maersk Mc-Kinney Moeller, who ran the Danish business his father founded for almost 40 years, died on 16 April aged 98. 

Shipping tycoon Arnold Maersk Mc-Kinney Moeller, who ran the Danish business his father founded for almost 40 years, died on 16 April aged 98.

Moeller passed away in his sleep, after being admitted to hospital last week, according to reports.

A statement from the family business said: “Will and energy characterised Maersk Mc-Kinney Moeller's endeavours.”

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