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Maersk Tankers and Penfield Marine to create a tanker company with unique reach - A.P. Moller Holding
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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

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.

Letter from the CEO

In connection with the publication of A.P. Moller Holding’s Annual Report 2024, our CEO, Robert M. Uggla shares his reflections on last year’s activities and highlights from across the A.P. Moller Group.

Annual Report 2024

A.P. Moller Holding delivered strong results in 2024