Giant Container and Bulk Freight Shipping Group Aspires to Port and Oil Developments

Maersk Reveals Five Year Plan for APM and Energy Sector 

DENMARK - WORLDWIDE - Whilst other bulk and container shipping groups sweat out the concerns centred on oversupply of vessels the biggest fish in the pond, A.P. Moller Maersk, shows that its diversification strategy is in full swing with plans afoot to grow the freight handling subsidiary APM into the world's biggest port and inland terminal operator by 2016 and huge expectations for its energy sector. Speaking at the Group’s Capital Markets Day, Group CEO Nils S. Andersen said:

"APM Terminals has an exciting terminal portfolio and pipeline for continuous expansion and we feel enthusiastic about the opportunities, which will provide value to us and our partners in the many countries in which APM Terminals operates."

The Maersk boss presented the company’s strategy to become the leading port and inland terminal operator by 2016 and reach a turnover in excess of one billion dollars within 5 years. Meanwhile Maersk Oil announced its reserves and resources figures for the first time after implementing the industry-wide Society of Petroleum Engineers’ Petroleum Resources Management System (SPE). Going forward, Maersk Oil will publish SPE-compliant reserves and resources numbers every year.