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Home > Company Index > Transportation > Shipping > A.P. Møller

A.P. Møller
 NEWS FROM THE STANDARD
The Shipping News
Aug 21 2000 12:00 AM PDT

The Shipping News
Aug 18 2000 03:43 AM PDT

 PROFILE
Danish maritime giant A.P. Møller has been on a roll since its start as a steamship company in 1904. Now Denmark's largest industrial group, A.P. Møller owns one of the world's top shipping lines, Maersk Sealand. The line was formed after the group acquired former rival Sea-Land from US-based CSX in 1999. The group's 250-vessel fleet includes container carriers, bulk carriers, supply and specialty ships, tankers, and drilling rigs. A.P. Møller also drills for oil and gas (primarily in the North Sea), builds ships and dry containers, owns terminals, and offers logistics services. In addition, it operates domestic airline Maersk Air, owns supermarkets, and provides information technology services.

 COMPETITION
Evergreen Marine Corporation (Taiwan) Ltd. (2603)
Neptune Orient Lines Limited (NPTTY)
The Peninsular and Oriental Steam Navigation Company (PO)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 10,630.40
1-Yr. Sales Growth: 60.3%

 KEY PEOPLE
• Jess Søderberg
    CEO
• Eivind Kolding
    CFO

 CONTACT INFO
Esplanaden 50
DK-1098 Copenhagen K, Denmark
Phone: 45-3363-3363
Fax: 45-3363-3501
Online: Web Site

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