Moller-Maersk would consider takeovers of insolvent competitors or of individual container ships as these are the cheapest ways for it to expand during the current economic crisis.
Moller-Maersk would consider takeovers of insolvent competitors or of individual container ships as these are the cheapest ways for it to expand during the current economic crisis, its CEO Nils Smedegaard Anderson told a German magazine.
Moller-Maersk is also investing in special vessels for trade with Africa and South America as it seeks to invest some $9.28 billion this year, Andersen said, according to magazine WirtschaftsWoche. Part of the money is being spent on investing in new and existing container terminals in Nigeria, Andersen said, the weekly magazine reported. While it is considering selling its passenger and car ferry business, it will keep its Maersk Line division, Andersen said.
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