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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.”
Martin N. Larsen, CFO of A.P. Moller Holding and new Chair of the Board of Directors for Maersk Supply Service

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.”
Martin N. Larsen, Chair of the Board of Directors for Maersk Supply Service.

News from the A.P. Moller Group

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.

A.P. Moller invests in Tenderd

Tenderd is a global leader in digital transformation for heavy equipment management and operations.

Chetan Mehta, Head of Growth Equity at A.P. Moller Holding, said: “Tenderd is a leader within telematics solutions with a platform that offers real-time visibility and insights for heavy equipment across a range of industries. Their solutions enhance operational efficiencies, improve safety and mitigate carbon emissions. We are excited to be investing in Tenderd and we look forward to contributing to their continued growth.”

Novo Holdings and A.P. Moller Holding back CIRCTEC, a leader in pyrolysis for sustainable end-of-life tyre recycling, in a €150 million financing round

Novo Holdings and A.P. Moller Holding have enabled a €150 million fundraise for CIRCTEC by leading with a €75 million equity investment. Financing includes €22.5 million of grants awarded by the Government of the Netherlands.