Financial Times FT.com

Maersk chief signals a change in direction

By Robert Wright in London

Published: December 1 2009 17:53 | Last updated: December 1 2009 17:53

The owner of the world’s largest container shipping line has identified three areas outside its core shipping interests as the priority for future investments amid one of shipping’s worst crises.

Denmark’s AP Møller-Maersk Group would target spending on its oil and gas business, its container-handling terminals and retailing, Nils Andersen, chief executive, told the Financial Times. The company would also look out for sales of distressed assets.

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