Interview: Maersk Group CEO Discusses Record Profit, Focus on Shipping and Energy

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.