A.P. Møller-Maersk Group

(), also known simply as Maersk (), is a Danish shipping company, active in ocean and inland freight transportation and associated services, such as supply chain management and port operation. Maersk was the largest 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 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 captain Peter Mærsk Møller (1836–1927) and his son Arnold Peter (A. P.) Møller (1876–1965). A. P. Møller had four children, all by his first wife Chastine Estelle Roberta Mc-Kinney. Their second child was (Arnold) Mærsk Mc-Kinney Møller (1913–2012), who became a partner in 1939 and head of the firm upon his father's death. In 1993, he was succeeded as CEO by Jess Søderberg. He continued as chairman until December 2003, at which point he was 90 years of age and Michael Pram Rasmussen took over. Mærsk Mc-Kinney Møller was until his death one of the "managing owners" of the company and was chairman of Odense Steel Shipyard until 2 May 2006.

In 2016, A.P. Moller – Maersk announced the strategic decision to focus solely on container logistics and to dismantle the conglomerate structure by separating out the oil and gas-related activities. The majority shareholding in Maersk Tankers was sold to A.P. Moller Holding in 2017. Maersk Oil was sold to TOTAL S.A. in 2018 and Maersk Drilling became a separately listed company in April 2019.

In 2017, the company was one of the main victims of the NotPetya ransom malware attack, which severely disrupted its operation for several months.

In 2021, the company bought 8 carbon-neutral ships for £1bn.

In August 2021, Maersk joined the BEC Low-Carbon Charter.

Emblem

P. M. Møller (1836–1927), who was a deeply religious Christian, attached a blue banner with a white seven pointed star on both sides of the black chimney on the steamship ''Laura'' when his wife recovered from illness. In a letter to his wife, P. M. Møller explained in October 1886, "The little star on the chimney is a memory of the night when I prayed for you and asked for a sign: If a star would appear in the gray and cloudy sky, it would mean that the Lord answers prayers." The same star later became the emblem of the Maersk Group.

A.P. Moller–Maersk is structured into two main business segments: transport & logistics and energy. These two branches include several subsidiaries such as container shipping and related activities; APM Terminals; tankers, training, offshore and other shipping activities; oil and gas activities; retail activity; and shipyards, other industrial companies, interest in Danske Bank, etc.

"Container shipping and related activities" is the largest business area for A.P. Moller–Maersk, providing almost half of the group's revenue in 2008. It comprises worldwide container services, logistics and forwarding and terminal activities under the brand names: Maersk Line, Safmarine, and Damco. For the first since 1996, Maersk has been overtaken by MSC, which has become the container line with largest shipping capacity.

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Transport and logistics

Maersk

The largest operating unit in A. P. Moller–Maersk by revenue and staff (around 25,000 employees in 2012) is Maersk Line. In 2013, the company described itself as the world's largest overseas cargo carrier and operated over 600 vessels with 3.8 million twenty-foot equivalent unit (TEU) container capacity. As of January 2021, as the largest container fleet, it held 17% of the global TEU.

In 2006, the largest container ship in the world to that date, the vessel , was delivered to Maersk Line from Odense Steel Shipyard. Since, seven other sister ships have since been built, and on 21 February 2011 Maersk ordered ten even larger container ships from Daewoo, the , each with a capacity of 18,000 containers. The first were delivered in 2013. There was an option for 10–20 more, and in June 2011, Maersk placed a follow-on order for a second batch of ten sister ships (to the same design with the same shipyard), but cancelled its option for a third batch of ten.

As of February 2010, Maersk had an order book for new ships totalling 857000TEU (including options on the Triple E class); that backlog is larger than the existing fleet of the fourth-largest line, Evergreen Line.

Maersk Line cooperated with the United States Navy on testing 7–100% algae biofuel on the Maersk Kalmar in December 2011.

In January 2012, Søren Skou took over as CEO of Maersk Line from Eivind Kolding. Later that year, the company ceased its business in Iran in order to prevent potential damage to the company's business with Western countries, particularly the US, due to the sanctions regime led by those countries.

On December 12, 2022, Vincent Clerc was appointed CEO of Maersk and will take up his duties on January 1, 2023.

APM Terminals

A. P. Moller–Maersk's independent APM Terminals business unit with its separate headquarters in The Hague, Netherlands, operates a Global Port, Terminal and Inland Services Network with interests in 57 ports and container terminals in 36 countries on five continents, as well as 155 Inland Services operations in 48 countries.
Port and Terminal Operations include:
* Europe: Algeciras, Aarhus, Barcelona, Bremerhaven, Gothenburg, Port of Poti, Rotterdam- Maasvlakte, Rotterdam- Maasvlakte 2, Wilhelmshaven- JadeWeserPort, Valencia, Gijon, Zeebrugge, Vado Ligure Reefer Terminal and Vado Gateway.
* North America: Los Angeles, Miami, Mobile, Port Elizabeth, and Tacoma.
* Latin America: Buenos Aires, Buenaventura (Colombia), Cartagena, Itajaí, Pecém, Callao, Santos, Lázaro Cárdenas, Puerto Quetzal, Yucatan, and Limon (Costa Rica).
* Middle East: Aqaba, Haifa, Bahrain, Salalah, Port Said and Jebel Ali.
* Asia: Cai Mep, Colombo, Dalian, Guangzhou, Kobe, Laem Chabang, Karachi, Pipavav, Qingdao, Tanjung Pelepas, Tianjin, Shanghai, Xiamen, Yokohama, India, and Singapore.
* Africa: Abidjan, Apapa, Cotonou, Douala, Luanda, Monrovia, Onne, Pointe Noire, Port Elizabeth, Tangier, and Tema.
* New projects under construction: Savona, and Tema.

Maersk Container Industry

''Maersk Container Industry A/S'': Container manufacturing with factories in China ( Dongguan and Qingdao) and headquarters in Denmark ( Tinglev).

Container Inland Services: Includes: depots, equipment repair, trucking, container sales and related activity.

Svitzer

Svitzer was founded as a salvage client in 1833 before entering the towing business in 1870. Svitzer become majority owned by Maersk in 1979. Svitzer has continued to grow including through purchasing the tugboat operations of Adsteam and it now has a fleet of over 400 tugs, line handlers and other vessels. The company provides harbour and terminal towage services in over 100 ports and 20 oil and gas terminals across the globe. As of January 2022 Svitzer operates a fleet of 110 vessels in seven ports and 11 terminals across 12 countries in Svitzer operates in the Africa, Middle East & Asia region.

Damco

Damco was the combined brand of the Maersk Group's logistics activities previously known as Maersk Logistics and Damco. As of 2008 Damco had 10,800 employees in offices in more than 93 countries. and was involved in supply chain management and freight forwarding all over the world. In September 2019 Maersk announced that they would dissolve the Damco brand and integrate their remaining activities after initially merging Maersk Line and Damco at the beginning of 2019 at which time the freight forwarding business of Damco stayed separate. The dissolving of the Damco brand was completed by the end of 2020.

Energy

Maersk Oil

Maersk Oil (Danish: Mærsk Olie og Gas A/S) was established in 1962 when Maersk was awarded a concession for oil and gas exploration and production in the Danish sector of the North Sea. Maersk Oil is engaged in the exploration for and production of oil and gas in many parts of the world. Total oil production is more than 600,000 barrels per day (95,000 m³/d) and gas production is up to some 1 billion cubic feet (28,000,000 m³) per day. Most of this production is from the North Sea, from both the Danish and British sectors, but there is also production in offshore Qatar, in Algeria and in Kazakhstan.

In addition to the above-mentioned producing sites, Maersk Oil is involved in exploration activities in Danish, British, Dutch and Norwegian sectors of the North Sea, Qatar, Algeria, Kazakhstan, Angola, Gulf of Mexico (US sector), Turkmenistan, Oman, Morocco, Brazil, Colombia and Suriname. Most of these activities are not 100% owned but are via membership in a consortium. The company developed production techniques especially suited to difficult environments (The North Sea, etc.) and for drilling techniques that extract oil from problematic underground conditions.

Oil and gas activities provided A .P. Moller – Maersk with 22% of its revenue and 68% of its profit in 2008. On 21 August 2017, A. P. Møller - Mærsk A/S announced the signing of an agreement to sell Mærsk Olie og Gas A/S to Total S.A. for US$7.45 billion in a combined share and debt transaction. The transaction was subject to regulatory and competition approval and was closed on 8 March 2018, when Maersk Oil became a part of Total.

Maersk Drilling

Maersk Drilling supports global oil and gas production by providing high-efficiency drilling services to oil companies around the world. The company owns 24 rigs and its fleet consists of six Ultra-Harsh jack-ups, four XL Enhanced jack-ups (including one new build which is set for delivery in late 2016), four Harsh jack-ups, two Premium jack-up, four semi-submersibles and four Ultra deepwater drillships. Maersk Drilling is among others a market leader in the Norwegian jack-up market with a market share of 7 out of 12 rig .

Maersk Supply Service

Maersk Supply Service provides anchor handling, towage of drilling rigs and platforms as well as supply service to the offshore industry. By 2021, the fleet consists of 41 vessels including anchor handling tug supply vessels (AHTS), subsea support vessels (SSV) and platform supply vessels (PSV).

Other

Maersk Line, Limited

Maersk Line, Limited (MLL) is a US-based subsidiary of A.P. Moller–Maersk Group which owns and operates a fleet of US-flag vessels providing the U.S. Federal Government and their contractors with multimodal transportation and logistics services. A Virginia-based organization, MLL manages the world's largest fleet of internationally trading US-flagged vessels.

Maersk Line has been involved in Department of Justice Investigations and paid fines in 2012.

MCC transport

MCC Transport hosts containerized cargo services in the Intra-Asia market. The company was later renamed Sealand-Asia.

Seago Line

Seago Line is a subsidiary shipping line which serves ports in the Mediterranean region. The company is now Sealand- Europe and Mediterranean.

Safmarine

Safmarine is an independently operated shipping company in the A. P. Moller–Maersk Group with roots in Africa. It operates a fleet of more than 40 container vessels and more than 20 multi purpose vessels (MPVs). The company has five container vessels and four MPVs on order for delivery in 2009–2011. In September 2020, it was announced that the Safmarine brand will be integrated into Maersk.

Sealand

SeaLand, branded "Sealand – A Maersk Company", is an American regional maritime and logistics operator. It has been part of A. P. Moller - Maersk since 1999. The Sealand name was phased out in 2009, but revived as a separate brand in 2014. After focussing on intermodal services between North, Central and South America, in 2018 it was merged with other Maersk intra-regional brands MCC Transport and Seago Lines to cover European, Mediterranean, and Intra-Asian markets.

Maersk Global Service Center

Maersk GSC operates shared service centres that handle back office, off-shore activities for AP Moller Maersk Group. GSCs are located in Chennai, Mumbai, Pune, Bengaluru, Chengdu, and Metro Manila.

Tankers, offshore and other shipping activities

Tankers, offshore and other shipping activities" was responsible for 8.8% of Maersk's revenue in 2008, and posted 25% of the group's profit for this period. The business segment comprises Maersk Tankers (it's technical management business sold to Synergy Marine Group in 2021), Maersk Supply Service, Maersk Drilling, Maersk FPSOs, Maersk LNG and Svitzer.

South American Aliança

Brazilian coaster container ship subsidiary with eight ships.

Ardent

Ardent Salvage, a joint operating salvage company formed after the merger between Maersk-operated Svitzer and Crowley-operated TITAN Salvage, is involved in towage, salvage, wreck removal, marine firefighting and other offshore support and is represented in more than 100 ports worldwide. Ardent is based in Houston, Texas.

KGH

Acquired in 2020, KGH is a European provider of customs and trade solutions, including customs broker services and software applications development.

Retail activity

The company formerly owned a stake in Dansk Supermarked Group which operates stores under the brands: Bilka (hypermarket), Føtex (supermarket, department store), Salling (department store) and Netto (discount supermarket).

Maersk Training

Maersk Training provides specialist training to specific industries. The 2010 merger of Maersk Training Centre and Svitzer Safety Services broadened a portfolio of courses to include the maritime, oil and gas, terminals, and wind power industries.

With Headquarters in Svendborg, the MT Group global locations include Aberdeen and Newcastle in the UK, Esbjerg in Denmark, Stavanger in Norway, Rio de Janeiro in Brazil, Chennai & Mumbai in India, Kuala Lampur in Malaysia. New centres include Houston, United States and Dubai, United Arab Emirates which is also the Middle Eastern hub.

Star Air

Star Air operates 11 leased Boeing 767 cargo aircraft, primarily engaged in long-term contract flying for United Parcel Service (UPS) in Europe.
The Maersk corporate aircraft, a Gulfstream 450, is also operated by Star Air.

European Rail Shuttle B.V.

In August 2013 Freightliner Group announce the acquisition of leading European intermodal rail operator and railway undertaking ERS Railways B.V. from Maersk Line. ERS Railways B.V. is a railway transport company headquartered in Rotterdam, providing cargo transport, mostly ISO shipping containers.

World Robot Olympiad

World Robot Olympiad is a robotic competition headquartered in Singapore. Maersk Oil is currently a Gold sponsor of this event.

Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

A group of leading industry players are taking the next step to develop new fuel types and technologies by launching the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping.

Maersk and Danish climate targets

In the total count, the weight of A.P. Møller-Maersk is extraordinarily heavy, as the shipping company accounts for over 80% of the danish top 30 companies' emissions of carbon dioxide from operations, and in the overall calculation, the CO₂ reductions in many of the other companies are therefore balanced by the fact, that Mærsk has increased emissions by 2% since 2019, with a total of 37 million tonnes in 2021, but presented plans to be CO₂ neutral as early as 2040.

Since the Danish climate targets of a 70 percent CO₂ reduction in 2030 are territorial based, emissions from foreign shipping and aviation from Danish ports and airports, and internationally, are not counted, as the responsibility lies with the UN's organizations for aviation (ICAO) and shipping (IMO), therefore the Maersk fleet is not obliged to make reductions, but instead pay through slightly higher taxes from the emissions, to a fund based on taxes from the fleets use of bunker fuel, which will be able to compensate and finance climate measures, a concept developed by the Ministry of Climate and the