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03 December 2008 The on-line newspaper devoted to the world of transports 03:04 GMT+1



March 29, 2004

Moeller-Maersk wants to double share of global shipping market, buy up rivals

COPENHAGEN - AP Moeller-Maersk, the world's biggest container shipper, wants to more than double its share of the global shipping market through acquisitions, the Politiken reported, citing a company executive.

AP Moeller's container shipping unit, Maersk Sealand, has a 12-per-cent market share and wants to boost that to as much as 25 per cent, the daily said. AP Moeller has about 30 billion kroner ($8.3 billion) for acquisitions, according to the Politiken ......
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