FT: Shipping giant Maersk steams ahead with break-up plans (sub required)

© Sheila Fitzgerald |

The Financial Times reports: “Few industrial groups have undergone so radical a break-up in recent years as AP Moller-Maersk, the world’s biggest container shipping line. The Danish group has lopped off its oil and gas and tankers businesses and is hoping to spin off its drilling rig unit this year. But Denmark’s biggest company by revenues — now centred on container shipping and logistics — faces a demanding time. Not only is its core business of transporting seaborne freight under ...