A.P. Møller-Mærsk confirmation the constitution of the two independent divisions Transport & Logistics and Energy



shipowning group Danish A.P. Møller-Mærsk has confirmed that own activities in the oil field will be scisse from the remainder of the business of the group and will intensify the attention on the optimization and the strengthening of own operations in Danish waters, English and today Norwegian of the Sea of the North. The company in fact has announced the state of advance of the examination of the plan of restructure of the group in existence from weeks that the constitution of two independent units previews: the division Transport & Logistics and the division Energy( 22of August 2016).

With respect to the future of the activities in the field of the energy, the Danish group has specified that own board of directors considers needs of different solutions for their development, between which the separation of single entities or more entity from group AP. Møller-Mærsk through the realization of joint-lucks, fusions or quotations in Stock exchange. "On the base of the development of the market and the structural opportunities - it has specified the Danish group - the objective is that to find solutions for the Oil field and the activities correlated over 24 months".

"the fields in which we operate - has found the president of the group, Michael Pram Rasmussen - they are a lot different and both must be confronted with fundamental and much various competitive scenes. To separate to our activities of transport and logistics and those in the field of the oil and the activities connected in two independent divisions will allow to both to concentrate itself on the respective markets. This will meanwhile increase the flexibility strategic promuovendo synergies between the activities in the field Transport & Logistics, guaranteeing the flexibility necessary in order to pursue strategic solutions for the activities Oil and Oil related".
Attended
Like, in the division Transport & Logistics will meet the company of navigation Maersk Line, terminalista society APM Terminals, the society of shipments and Damco logistics, active the Svitzer company in the field of the marine and harbour towing and in the aid and rescue, and the society of production of Maersk container Industry Container. It will not take part of this division, like instead announced from some sources, the company of navigation Maersk Tankers that work the fleet of tankers of the group.

A.P. Møller-Mærsk has specified which will be the strategies of the single companies of the segment Transport & Logistics: the objective of Maersk Line will be to increase own market share is organic that through acquisitions; APM Terminals will be concentrated on the optimization of the costs and the operating efficiency; Damco and Maersk Line will collaborate in order to supply new which supported innovative solutions from meaningful investments in the digital technologies; Svitzer will pursue a strategy of increase founded on its position of market leader and on the development of the synergies with APM Terminals and Maersk Line; Maersk Industry Container will collaborate with Maersk Line to the technological development and the planning of the production.

the Danish group has emphasized that, also through commercial synergies and of expense and the best one I use of the existing resources and the development of new digital solutions, is previewed "to achieve an increase of the revenues, the cost effectiveness and the improvement of the margins". In particular, if in 2016 effects from the previewed synergies are not attended, in the arc of the successive three years one expects to us that these will generate an increment of two points percentages of the yield of the invested capitals in this field of activity.

the Energy division will be instead composed from the oil society Maersk Oil, from the society Maersk Drilling whose business is centralized mainly on the perforation activities, from the Maersk Supply Service, than work marine services for the offshore industry, let alone from the company of navigation Maersk Tankers. If between the objectives of Maersk Oil there will be also that to strengthen own pocketbook through acquisitions or fusions, Maersk Drilling, Maersk Supply Services and Maersk Tankers - it has clarified the Danish group - "will continue to optimize their position and activity on the market with the current fleet and current orderbook the Ulterior investments in the activities of service in the offshore field of the group and from Maersk Tankers - it has specified A.P. Møller-Mærsk - they will be limited".

the Danish group has introduced also the team who will direct such activities. In particular, Søren Skou will maintain the charge of managing director of the group of A.P. Møller-Mærsk and will be managing director of the division Transport & Logistics. Claus V. Hemmingsen will be named vice managing director of A.P. Møller-Mærsk, with effect to the next 1° October, and will be managing director of the Energy division. Jakob Stausholm will be named financial director of group A.P. Møller-Mærsk, charge that will assume the next 1° December, date in which the current CFO, Trond Westlie, lascerà the group. The next 1° November they will exit from the group also Jakob Thomasen, current managing director of Maersk Oil, and Kim Fejfer, current CEO of APM Terminals.

Moreover from the next 1° November the new CEO of APM Terminals will be Morten Engelstoft, currently managing director of APM Shipping Services and managing director of Maersk Tankers. Kim Fejfer, current managing director of APM Terminals, will assume a new charge in A.P. Holding Møller A/S, that she is the main shareholder of group A.P. Møller-Mærsk. From the next 1° October the new CEO of Maersk Oil will be Gretchen Watkins, that it will succeed to Jakob Bo Thomasen. At last Jørn Madsen will be named managing director of Maersk Drilling and Christian M. Ingerslev will be named managing director of Maersk Tankers.