AP Møller-Maersk shifts investment away from shipping

In an interview with the Financial Times, Nils Andersen, the Group’s chief executive, said that the decision had been taken despite Maersk Line succeeding in raising its rates during this year.

Looking forward over the next five years, he said that although investment in Maersk Line would cease, there was enough capacity to grow in line with market demands.

Investment shrinkage in the shipping line will eventually reduce its capital in the business from 30% to 25%; the other businesses will account for more than 50%.