Agreement in Principle Reached for Release of Ever Given
ISMAILIA, June 23 (Reuters) – The owners and insurers of a giant cargo ship that blocked the Suez Canal in March have reached agreement in principle in a compensation dispute...
In this video, Maersk Group CEO Nils S. Andersen explains what drove the Group’s record profit in 2014, elaborates on the impact of a lower oil price environment and emphasizes investment plans for the energy and shipping businesses in the coming years.
Today, Maersk Group announced that in 2014 it acheived its highest ever profit, US $5.2 billion, with US $47.6 billion in revenues. The company also announced the divestment of its 20% stake in Danske, Denmark’s biggest bank, to focus on its core shipping and oil and gas divisions, a sale that would mean $6.6 in dividends for Maersk shareholders.
Join the 70,551 members that receive our newsletter.
Have a news tip? Let us know.