26 April 2024
Svitzer joins the A.P. Moller Group
We are happy to welcome Svitzer as a stand-alone company to the A.P. Moller Group.
Established in 1833, Svitzer is today a global market leader within towage and marine services. Towage is a mission critical port infrastructure service enabling efficient and safe marine traffic, hence critical for enabling the flow of goods around the world.
Following the demerger of Svitzer from A.P. Moller – Maersk, A.P. Moller Holding is now a significant shareholder of the company. As a stand-alone company, we believe Svitzer has good opportunities to continue its growth journey and further improve its market position. We look forward to supporting Svitzer.
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.