15 March 2023
Innargi signs first contract in Germany
The geothermal energy company Innargi is going to investigate geothermal district heating in Kiel
Today, Innargi has signed an agreement with Stadtwerke Kiel to investigate the potential for geothermal district heating. The investigation is expected to be completed by the end of 2023 and if successful, Innargi is to build and operate several geothermal heating plants in Kiel.
“If we want to succeed in transitioning our energy sector, new tools must be used – and geothermal energy can play an important role in the heat supply of the future. Together with Stadtwerke Kiel, we are now investigating the potential for geothermal district heating, and I am convinced that in a few years, we will be able to make an important contribution towards the green transition of Kiel’s heat supply.”
News from the A.P. Moller Group
Acquisition of Ocean Yield is complete
A.P. Moller Holding announced the acquisition of Ocean Yield on 2 July 2026. With all regulatory approvals obtained, the transaction has now been successfully completed. Ocean Yield holds interests in over 70 modern vessels across several core shipping sectors, including gas carriers, container ships, LNG carriers, crude, product and chemical tankers, and dry bulk carriers.
“We are impressed by Ocean Yield’s performance and its management team. We believe that combining Ocean Yield’s compelling platform with our century-long experience in the maritime industry will create a strong partnership. In addition, we see Ocean Yield’s business model, with its stable cash flow, as an excellent complement to our existing maritime portfolio,” says Martin Larsen, CFO of A.P. Moller Holding.
A.P. Moller Holding announces the acquisition of Ocean Yield from KKR
A.P. Moller Holding and KKR, a leading global investment firm, today announced that they have signed an agreement under which a subsidiary of A.P. Moller Holding will acquire 100% of Ocean Yield AS (Ocean Yield), a leading global ship leasing platform, from funds managed by KKR.
Letter from the CEO
In connection with the publication of A.P. Moller Holding’s Annual Report 2025, our CEO, Robert M. Uggla shares his reflections on last year’s activities and highlights from across the A.P. Moller Group.