A. P. Moller-Maersk Group
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A. P. Moller-Maersk Group
(), also known simply as Maersk (), is a Danish Freight transport, shipping company, active in ocean and inland freight transportation and associated services, such as supply chain management and Port operator, port operation. Maersk was the largest Shipping line, container shipping line and vessel operator in the world from 1996 until 2022. The company is based in Copenhagen, Denmark, with subsidiaries and offices across 130 countries and around 83,000 employees worldwide in 2020. It is a publicly traded family business, as the company is controlled by the namesake Møller family through Holding company, holding companies. In September 2016, Maersk Group announced that it was splitting into two separate divisions: Transport & Logistics, and Energy. The company's 2018 annual revenue was US$39 billion (2019). In the 2020 Forbes Global 2000, Møller-Maersk was ranked as the 622nd -largest public company in the world. History () was founded in Svendborg in April 1904 by capta ...
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Aktieselskab
''Aktieselskab'' (; Abbreviation, abbr.: A/S, or a/s, Unicode ; literally meaning: "stock company") is the Denmark, Danish name for a stock-based corporation. An ''aktieselskab'' may be either publicly traded or private. Liability The shareholders of an ''aktieselskab'' are not liable for the debts of the company. This can be used to protect the assets of the company against creditors by forming a group of companies. If an A/S is owned by a holding company (typically another A/S), the profit from the production company can be transferred to the holding company. Since there is no liability for the owners of an A/S, creditors from the production company will not be able to claim the profit in case of bankruptcy. Professional creditors, such as banks, protect themselves from this by demanding that the holding company guarantees the debts of the production company. Formation of an ''aktieselskab'' The formation of an ''aktieselskab'' requires a number of steps, including the followi ...
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Port Operator
A port operator is a port authority or company that contracts with the port authority to move cargo through a port at a contracted minimum level of productivity. They may be state-owned (particularly for port authorities) or privately run. The work involves managing the movement of cargo containers between cargo ships, trucks and freight trains and optimizing the flow of goods through customs to minimize the amount of time a ship spends in port. Maintaining efficiency involves managing and upgrading gantry cranes, berths, waterways, roads, storage facilities, communication equipment, computer systems and dockworkers' union contracts. The port operator also manages paperwork, leases, safety and port security. Largest port operators This is a list of the world's largest port operators in terms of total cargo tonnage handled. *Hutchison Port Holdings (Hong Kong, People's Republic of China) * PSA International (Singapore) *DP World (Dubai, United Arab Emirates) *APM Terminals (The H ...
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Odense Steel Shipyard
Odense Steel Shipyard ( da, Odense Staalskibsværft) was a Danish shipyard company located in Odense. It was best known for building container ships for its parent group, A.P. Moller – Maersk Group, including the Mærsk E class in 2006 which at the time were the biggest container ships in the world. The global financial crisis led to Maersk announcing its closure in 2009 and the last new ship was delivered in January 2012. Company history The first yard was opened in 1918–1919 by the A.P. Møller company. A new yard with bigger and better facilities was constructed 1957–1959 on a new site located in Munkebo a few kilometres outside Odense proper. Odense Steel Shipyard was the largest yard within the Odense Steel Shipyard Group, which also consisted of two yards and an engineering company, all situated in the Baltic. The yard was known for designing and building innovative vessels that applied the newest technology in design and equipment. Since 1996 the Yard built so ...
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Jess Søderberg
Jess Søderberg (born 12 October 1944, in Copenhagen) is a Danish businessman. He served as the CEO of A.P. Moller-Maersk for 14 years from 1993 to 2007. After his departure from A.P. Moller-Maersk, he was Vice President of Carlsberg. He graduated from Holte School in 1963 and later graduated with his MSc from Copenhagen Business School. He is a Knight 1st Class of the Order of Dannebrog The Order of the Dannebrog ( da, Dannebrogordenen) is a Danish order of chivalry instituted in 1671 by Christian V. Until 1808, membership in the order was limited to fifty members of noble or royal rank, who formed a single class known .... References *Jens Chr. Hansen & Søren Domino, Søderberg – Mand af Mærsk, Gyldendal, 2006. . *Thomas Larsen og Finn Mortensen, Mærsk Mc-Kinney Møller, Gyldendal Business, 2008 Living people 1944 births Danish business executives Copenhagen Business School alumni Knights First Class of the Order of the Dannebrog {{Denmark-bi ...
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Mærsk Mc-Kinney Møller
Arnold Mærsk Mc-Kinney Møller (; 13 July 1913 – 16 April 2012) was a Danish shipping magnate. He was a longtime figure at A.P. Moller–Maersk Group, which was founded by his father. Personal life Mærsk Mc-Kinney Møller was born in Hellerup, the son of a Danish father, Arnold Peter Møller, founder of the A.P. Moller–Maersk Group and an American mother of Irish and German descent, Chastine Estelle Roberta (née McKinney) Møller. Mærsk married his high-school sweetheart, Emma Neergaard Rasmussen in 1940 and remained married to her until her death in 2005. They had three daughters: Leise (born 1941), Kirsten, Mrs Olufsen (born 1944), and Ane, Mrs Uggla (born 1948). He ranked 557th-wealthiest person in the world (2007) on the Forbes list with an estimated fortune of 142 billion Danish kroner, which made him the wealthiest person in Denmark until his death. Business activities Møller became a partner in the A.P. Moller–Maersk Group in 1940. When Denmark was occu ...
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Steamship
A steamship, often referred to as a steamer, is a type of steam-powered vessel, typically ocean-faring and seaworthy, that is propelled by one or more steam engines that typically move (turn) propellers or paddlewheels. The first steamships came into practical usage during the early 1800s; however, there were exceptions that came before. Steamships usually use the prefix designations of "PS" for ''paddle steamer'' or "SS" for ''screw steamer'' (using a propeller or screw). As paddle steamers became less common, "SS" is assumed by many to stand for "steamship". Ships powered by internal combustion engines use a prefix such as "MV" for ''motor vessel'', so it is not correct to use "SS" for most modern vessels. As steamships were less dependent on wind patterns, new trade routes opened up. The steamship has been described as a "major driver of the first wave of trade globalization (1870–1913)" and contributor to "an increase in international trade that was unprecedented in hu ...
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Svendborg
Svendborg () is a town on the island of Funen in south-central Denmark, and the seat of Svendborg Municipality. With a population of 27,300 (1 January 2022), Svendborg is Funen's second largest city.BY3: Population 1st January by urban areas, area and population density
The Mobile Statbank from Statistics Denmark
In 2000 Svendborg was declared "Town of the year" in Denmark, and in 2003 it celebrated its 750th anniversary as a . By road, Svendborg is located southwest of



Forbes Global 2000
The ''Forbes'' Global 2000 is an annual ranking of the top 2000 public companies in the world, published by ''Forbes'' magazine. "The Global 2000" annual ranking is assembled by ''Forbes'' using a weighted assessment of four metrics: sales, profit, assets and market value. The list has been published since 2003. 2022 list In 2022, the ten largest companies as calculated by this method were: 2021 list In 2021, the ten largest companies as calculated by this method were: 2020 list In 2020, the ten largest companies as calculated by this method were: 2019 list In 2019, the ten largest companies as calculated by this method were: 2018 list In 2018, the ten largest companies as calculated by this method were: As a group, the Forbes Global 2000 in year 2018 accounts for $39.1* trillion in sales, $3.2 trillion in profit, $189* trillion in assets and $56.8* trillion in market value. By industry sector The top-ranked companies in each industry sector are as follows. ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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Billion
Billion is a word for a large number, and it has two distinct definitions: *1,000,000,000, i.e. one thousand million, or (ten to the ninth power), as defined on the short scale. This is its only current meaning in English. * 1,000,000,000,000, i.e. one million million, or (ten to the twelfth power), as defined on the long scale. This number, which is one thousand times larger than the short scale billion, is now referred to in English as one trillion. However, this number is the historical meaning in English for the word "billion" (with the exception of the United States), a meaning was still in official use in British English until some time after World War II. American English adopted the short scale definition from the French (it enjoyed usage in France at the time, alongside the long-scale definition). The United Kingdom used the long scale billion until 1974, when the government officially switched to the short scale, but since the 1950s the short scale had already been incre ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Family Business
A family business is a commercial organization in which decision-making is influenced by multiple generations of a family, related by blood or marriage or adoption, who has both the ability to influence the vision of the business and the willingness to use this ability to pursue distinctive goals. They are closely identified with the firm through leadership or ownership. Owner-manager entrepreneurial firms are not considered to be family businesses because they lack the multi-generational dimension and family influence that create the unique dynamics and relationships of family businesses. Overview Family business is the oldest and most common model of economic organization. The vast majority of businesses throughout the world—from corner shops to multinational publicly listed organizations with hundreds of thousands of employees—can be considered family businesses. Based on research of the Forbes 400 richest Americans, 44% of the Forbes 400 member fortunes were derived by be ...
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