15 February 2022
Robert M. Uggla nominated as new Chair of the Board at A.P. Moller - Maersk
Marc Engel, who has served on the Board since 2019, is nominated as Vice Chair
“I am very humbled to accept the nomination as Chair of the company. We initiated the restructuring and renewal of A.P. Moller – Maersk in 2016 and have come a long way on many fronts. I am grateful for Ane and Jim’s contributions to the company and their personal support also in the future. I look forward to continuing A.P. Moller – Maersk’s transformation in close cooperation with Marc Engel, the Board and management” says Robert M. Uggla.
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.