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
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.