APMM's Claus Hemmingsen steps down as energy division closes

AP Møller-Maersk vice chief executive Claus Hemmingsen has announced he will step down, following the separation of Maersk Tankers, Maersk Oil and Maersk Drilling.

The move forms part of the company’s transformation initiative that started in 2016, with the result that the energy division, over which Mr Hemmingsen presides, will be closed by June.

He joined the company in 1981 as a shipping trainee and has served across the world, going on to leading positions across shipping and offshore divisions.

Chief executive Soren ...