Maersk Drilling

On the wires: AP Møller-Mærsk – the message didn’t get through

“During the second phase of the program running from 26 September 2019 up to 28 February 2020, the company will buy-back A and B shares for an amount of up to DKK 3.3bn.” – AP Møller-Mærsk (APMM), 30 September 2019… + …”APMT might be looking to let go of one of its two container terminals at Rotterdam.” – Alphaliner, October 2019.
I touched upon the APMM capital deployment topic last week, but more …

The post On the wires: AP Møller-Mærsk – the message didn’t get through appeared first on The...

https://theloadstar.com/on-the-wires-ap-moller-maersk-the-message-didnt-get-through/

Maersk Achieves Its Strategy Milestone

With new ownership structures in place for three out of four of the oil and oil-related businesses, AP Moller–Maersk has reached a milestone in its strategy to become a focused, integrated transport and logistics company, reports Steel Guru.

Demerging AP Moller–Maersk

With the Board of Directors’ decision to demerge AP Moller–Maersk and list Maersk Drilling as an independent company on Nasdaq Copenhagen, the shareholders of AP Moller–Maersk get the opportunity to take part in the future value...

http://mfame.guru/maersk-achieves-its-strategy-milestone/

Maersk Drilling To Launch First Hybrid, Low-Emission Rig

Maersk drilling Intrepid

A new technological standard for low-emission drilling on the Norwegian Continental Shelf. This is Maersk Drilling’s ambitious target for the ultra-harsh environment jack-up rig Maersk Intrepid which is entering a series of upgrades to convert it to a hybrid rig with low levels of NOx emissions, adding data intelligence to further reduce energy consumption and CO2 emissions. The upgrades are being carried out in cooperation with Maersk Intrepid’s current customer, Equinor, which has introduced...

https://www.marineinsight.com/shipping-news/maersk-drilling-to-launch-first-hybrid-low-emission-rig/

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 …

The post APMM’s Claus Hemmingsen steps down as energy...

https://theloadstar.com/apmms-claus-hemmingsen-steps-down-as-energy-division-closes/

Danish shipping giant to initiate the separation of Maersk Drilling

numbers-drilling

Maersk’s announcement:

In continuation of the announcement on 17 August 2018, the A.P. Møller – Mærsk A/S (A.P. Moller – Maersk) Board of Directors has decided to initiate the separation of A.P. Moller – Maersk’s drilling activities through a demerger of A.P. Moller – Maersk. The shares in Maersk Drilling Holding A/S and its subsidiaries as well as certain other assets and liabilities will be con-tributed to a new company with the legal name ‘The Drilling Company of 1972 A/S’ and the shares...

https://container-news.com/danish-shipping-giant-initiate-separation-maersk-drilling/

+ More