20 November 2023
Maersk Supply Service and related parties extend their support to The Ocean Cleanup
The Ocean Cleanup is an international non-profit project with the mission of ridding the world’s oceans of plastic, and since 2018, different technologies have been tested with the support of Maersk Supply Service’s and A.P. Moller – Maersk’s logistics and marine activities
Maersk Supply Service, A.P. Moller – Maersk and The Ocean Cleanup have agreed to extend their collaboration to complete the validation of the system. Maersk Supply Service and A.P. Moller – Maersk will provide support to the program, which includes project management, the operation of two Maersk Supply Service vessels towing the system as well as logistics services for waste collection and transportation for recycling. At the same time, the A.P. Moller Foundation will provide a one-time grant to The Ocean Cleanup.
“The Ocean Cleanup holds an important mission to remove plastics from the oceans, one of the biggest environmental challenges of our time. Today plastic pollution impacts hundreds of marine species and it contaminates the marine food chain with toxic pollutants. With this in mind, Maersk Supply Service, A.P. Moller - Maersk and the A.P. Moller Foundation have decided to extend support to The Ocean Cleanup to finalise and validate their technology and system.”
News from the A.P. Moller Group
A.P. Moller Holding leads the $60 million Series C equity financing in Upway
Upway is a leading e-commerce platform for buying refurbished e-bikes, driving the transition to sustainable urban mobility.
“We are excited to support Upway on its journey to revolutionize the global market for refurbished e-bikes. Upway’s ability to industrialize second-hand e-bike refurbishment and deliver the highest level of customer trust globally truly sets them apart. Today’s investment also reflects our confidence in Upway’s sustainable and scalable business model that aligns with our commitment to sustainable, long-term growth,” said Chetan Mehta, Head of Growth Equity at A.P. Moller Holding.
A.P. Moller Holding’s purchase offer for Svitzer successfully completed
The recommended voluntary purchase offer for all issued shares in Svitzer Group, made through A.P. Moller Holdings subsidiary APMH Invest A/S on April 2, 2025, has been successfully completed.
A.P. Moller Holding announces recommended voluntary purchase offer for all issued shares in Svitzer
A.P. Moller Holding, the largest shareholder in Svitzer Group A/S (Svitzer) has, through its wholly owned subsidiary APMH Invest A/S, today announced a recommended voluntary purchase offer for all issued shares in Svitzer with the aim of taking the company private to better support its long-term ambitions.