APMT backs off from selling facilities at India's Pipavav port

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One of the more intriguing aspects of Maersk Group’s rationalisation of its Transport and Logistics division is the future strategy of sport operating unit APM Terminals. Clearly the Maersk executive board has decided on a change of course from that devised by previous AMPT chief executive Kim Fejfer, characterised by a seemingly relentless investment in key emerging markets, such as Nigeria, Russia, India and so on … which brought mixed results, as the growth in those has rarely been consistent. ...