Maersk sells off Russian port assets

Danish shipping giant is now completely out of Russian market after divesting its 30 percent share in Global Ports

Aug 30, 2022

Ever since Russia invaded Ukraine earlier this year, Maersk has been looking to divest its assets in the Russian market.

Now that strategy has come to fruition, with the Danish shipping firm announcing that it has divested its Russian port assets.

Maersk has revealed that it has sold off its 30.75 percent stake in Global Ports to Russian-owned Delo Group.

“We are pleased that we have now concluded this transaction according to the plan and with our long-standing partner Delo, enabling us orderly exit from GPI in line with our decision to discontinue activities in Russia,” said Keith Svendsen, the CEO of APM Terminals.

Sailing away into the sunset
Maersk, which was edged off the world’s largest shipping firm pedestal earlier this year, temporarily suspended all shipments to Russia in March – aside from essentials such as food, medicine and humanitarian deliveries.

Now, that initial step has taken on a more permanent appearance.

“With the divestment of its shares in GPI, APMT will no longer be involved in any entities operating in Russia or own any assets in the country,” wrote Maersk.

TOP STORIES

Drug busts in Denmark: Smuggling gone wrong or a sign of growing demand?

Record narcotics seizures at the Danish-German border in 2023, followed by hundreds of kilos’ worth of drug finds in Sjælland this year, are forcing authorities to question whether Denmark is a means to an alternate drug market in Europe or, rather, the intended destination.
Ugandan Jacob Kiplimo wants to break record in Copenhagen

The fastest man in the world wants to break his own record at the half marathon of Copenhagen. Jacob Kiplimo set the fastest half marathon himself in 2021
Coping in Copenhagen: Børsen, Burgers and layoffs

Join comedians and writers Abby, Owen and Marius every Friday as they pick through the week’s headlines and swap notes on life in the capital.
Iranian Artist Takes Rebels to Aarhus

The defiant collective soul of the Iranian women has transcended eras and borders to haunt Aarhus, Denmark where the city’s art museum, ARoS, is presently hosting an exhibition by Iranian artist Soheila Sokhanvari titled “Rebel Rebel.”
Traffic jam will increase in the capital area – more time will be wasted

A new analysis shows that there will be more pressure on the roads in the capital area towards 2035. With six percent more inhabitants, there will be greater strain on trains and on cycle paths in several places in the region
“A Brit walks into a bar…”

Last night, as I was getting ready to perform in a comedy show at Teater Play in Amager alongside the brilliant Conrad Molden, my four-year-old daughter looked up at me and asked, ‘Daddy, why are you ALWAYS going to do comedy?’

Connect club

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.

Career

Would you like a high salary? Here are the jobs that pay the best

There is a significant difference in the Danish salary level from checkout assistant to pilot.
Everyone hates being laid off, but women may be hit harder than men

A new study on the gender gap in job loss on the Danish labour market has found that women find it harder to reenter the workplace, and suffer greater short term income reduction, while men lose more overall. Amongst parents with dependent children, mothers are hit harder than fathers, and low-education mothers fare the worst of all.
Workplace gender equality stagnates in Denmark

Gender equality progress in Denmark’s labour market has come to a standstill, with recent statistics by gender and diversity think tank, EQUALIS, revealing only marginal gains for women in the workforce, and largely in high-level positions.

Want to advertise your job with CPH Post?

Jobs

Subscribe to our newsletter

Contact

The Copenhagen Post /
The Post ApS

Ryesgade 106, 2. th

2100 København Ø

CVR: 43916181

Email: support@cphpost.dk

Phone: +45 7174 3199

We are responsible for the content and are registered with The Danish Press Council.

The Copenhagen Post

<?php

add_filter( 'register_post_type_job_listing', function( $array ) {
$array['rewrite']['pages'] = true;

return $array;
} );

Maersk sells off Russian port assets

Drug busts in Denmark: Smuggling gone wrong or a sign of growing demand?

Ugandan Jacob Kiplimo wants to break record in Copenhagen

Coping in Copenhagen: Børsen, Burgers and layoffs

Iranian Artist Takes Rebels to Aarhus

Traffic jam will increase in the capital area – more time will be wasted

“A Brit walks into a bar…”

26 May: ‘Visit Carlsberg’ tour at Home of Carlsberg

28 April: ‘Meet the Danes’ guided tour at the National Museum

20 April: Run around Kastellet

19 April: A guided tour of Christiansborg

6 April: Run around Frederiksberg Have

Would you like a high salary? Here are the jobs that pay the best

Everyone hates being laid off, but women may be hit harder than men

Workplace gender equality stagnates in Denmark

Want to advertise your job with CPH Post?

German Country Manager

German-speaking Finance Accountant

Law – Student Assistant

French-Speaking Strategic Sales Supporter