15 May 2023
New CEO and Board of Directors of Maersk Supply Service
In connection with the closing of the acquisition of Maersk Supply Service A/S, A.P. Moller Holding has elected a new CEO and Board of Directors
Christian M. Ingerslev will take over the Chief Executive Officer (CEO) position from Steen S. Karstensen, who has headed up Maersk Supply Service since 2016. Christian has more than two decades of leadership and industry experience from energy shipping and has for the past seven years led Maersk Tankers through its transformation.
“We are pleased to welcome Christian to Maersk Supply Service. He has shown great leadership in his previous roles and, with Christian at the helm, we are confident that we will have a smooth transition into an independent offshore service company, while preparing Maersk Supply Service to grow its business to further support the energy transition.”
A new Board of Directors for Maersk Supply Service has been appointed, consisting of: Chair Martin N. Larsen, CFO, A.P. Moller Holding, Vice-Chair Morten Engelstoft, former CEO of APM Terminals, Kristin Holth, non-executive positions including Gaslog, Hitecvision, Maersk Tankers and Noble Corp., Maria Pejter, Head of HR, A.P. Moller Holding, and Martin Neubert, Group CIO and Partner, Copenhagen Infrastructure Partners.
“Maersk Supply Service will continue to be a strong partner to the offshore oil and gas energy industry while transitioning into a leading offshore maritime company servicing the renewables sector, especially the wind industry. I am therefore very pleased that our new Board of Directors includes strong capabilities from both offshore oil & gas and wind industries.”
News from the A.P. Moller Group
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.
A.P. Moller Holding announces a recommended public cash offer to the shareholders of Concentric
A.P. Moller Holding’s wholly-owned subsidiary Circle Bidco ApS has announced a recommended public cash offer to acquire Concentric AB, a Swedish provider of flow control and fluid power technology for the commercial vehicle market, listed on Nasdaq Stockholm. The offer of SEK 230 in cash per share in Concentric has been unanimously recommended by the Board of Directors in Concentric, and is backed by shareholders in Concentric together controlling 16.7 percent of the outstanding shares in the company.
A.P. Moller Holding combines Maersk Supply Service with DOF Group and creates Maersk Offshore Wind
A.P. Moller Holding has entered into an agreement to combine its subsidiary Maersk Supply Service A/S with Norwegian DOF Group ASA (DOF Group) to create a leader supporting the offshore oil and gas industry. Maersk Supply Service’s innovative wind offshore installation concept will remain owned by A.P. Moller Holding as an independent offshore maritime company named Maersk Offshore Wind, focusing the growing global offshore wind installation market.