Japan’s Mitsui will join the consortium led by A.P. Møller Holding once the USD 1.17-billion cash transaction closes, the statement added.
“Having determined the future ownership of Maersk Tankers, we have taken yet an important step [sic] in our strategy to free up resources and focus future growth in A.P. Moller-Maersk on container shipping, ports and logistics,” A.P. Moller-Maersk CEO Søren Skou said.
The sale is the latest in a series of restructuring steps the Danish conglomerate has taken in recent months. In August, it agreed to sell its E&P arm, Maersk Oil, for USD 7.45 billion to France’s Total.
Maersk Tankers commands a fleet of 161 tankers and employs about 3,100 people globally.
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