Danish group A P Moller-Maersk is to continue its huge investment programme under new CEO Niels Smedegaard Andersen and up to US$29.7 billion will be invested in new ships, oil platforms and port terminals in the next three years.
Chief analyst Henrik Lund of Carnegie believes ships will account for 40 percent of the investments, port terminals for 40 percent and the petroleum business for the remaining 20 percent.
Container shipping company Maersk Line operates 524 container ships and has ordered another 92, and port operator APM Terminals runs 50 terminals and will invest in a further 15. In Qatar, the group is to invest more than $6.93 billion, mainly in Al Shareen. In addition, there are investments in oil activities in the North Sea.
Chief analyst Henrik Lund of Carnegie believes ships will account for 40 percent of the investments, port terminals for 40 percent and the petroleum business for the remaining 20 percent.
Container shipping company Maersk Line operates 524 container ships and has ordered another 92, and port operator APM Terminals runs 50 terminals and will invest in a further 15. In Qatar, the group is to invest more than $6.93 billion, mainly in Al Shareen. In addition, there are investments in oil activities in the North Sea.