Maersk, owner of the world’s biggest shipping company, “will become an integrated transport and logistics company,” the Copenhagen-based group said on Thursday.
“Oil and oil related businesses, either individually or in combination, to be separated from” the group and “will focus on optimizing and strengthening its strong position in the Danish, British and Norwegian parts of the North Sea.”
The shares rose as much as 4.2% and traded 3% higher at 10,200 kroner as of 9:05 am in Copenhagen, bringing this year’s gains to 14%.