Maersk Group, the parent company of the world’s largest shipper Maersk Line, announced a major restructuring that will divide the company into two new businesses, in an effort to cut $600 million a year in costs.
Maersk Line and its sister company APM Terminals will be merged as the Maersk Group seeks ways to ride out the current downturn in the global shipping industry.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.