AP Moller-Maersk A/S has issued a press release announcing the death of Mærsk Mc-Kinney Møller, the shipping giant's patriarch.

Møller’s daughter, Ane Mærsk Mc-Kinney Uggla, said in the release:

"On behalf of the whole family I wish to express our deep sorrow at the loss of our father, grandfather and great grandfather, Mærsk Mc-Kinney Møller. We are grateful that our father lived a long and eventful life and that he made a significant mark on our time.”

She thanked the current and previous employees of the AP Moller-Maersk Group for the loyalty they displayed throughout the years to the man they called 'Mr Møller'.

Mærsk Mc-Kinney Møller became a partner at A.P. Møller in 1940. Following the death of his father 1965, he became the chief executive officer and chairman of the board of the most significant companies in the AP Moller-Maersk Group. He was CEO until 1993 and remained the chairman of the board of AP Moller-Maersk A/S until 2003.

Thanks to the enormous success of his shipping company and other business ventures, Møller died as the nation's richest man.