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8 January 2024
Maersk Tankers and Penfield Marine to create a tanker company with unique reach
Maersk Tankers has acquired Penfield Marine to create a large-scale crude and product tanker company offering pool partners and cargo customers a wider range of services.
Together, Maersk Tankers and Penfield Marine will offer a variety of solutions meeting the increasing demand on shipowners to deliver attractive returns and cut emissions. Cargo customers will get access to a broader service range to cover their transportation needs within more segments.
Maersk Tankers’ CEO, Tina Revsbech, said: “Penfield Marine has over the years built a solid position and presence in the industry and is a perfect match to Maersk Tankers. Our combined commercial and operational expertise will allow us to grow our presence as a commercial manager and extend our service offerings within performance optimisation and decarbonisation to a broader segment of customers and pool partners. We look forward to welcoming Penfield’s customers, partners and our new colleagues to Maersk Tankers.”
News from the A.P. Moller Group
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A.P. Moller Holding launches Vioneo to pioneer fossil-free plastics production
A.P. Moller Holding has launched Vioneo, a new venture dedicated to transforming plastics production. Vioneo will manufacture fossil-free plastic resins and significantly reduce the carbon footprint associated with plastics production.