Maersk management taking its time to turn around the 'supertanker'

© Philipmorch

Maersk investors have raised concerns over the rate of progress in reshaping the business. The claims come in a Reuters story in which the chairwoman of the AP Møller Foundation – which holds a controlling stake in the company – Ane Maersk McKinney, describes the company as a “supertanker” that takes a long time to turn. Describing the past 12 months as “tough”, she declines to set a date for the turnaround’s completion, but notes there have been “many good ...