(EnergyAsia, September 24, Thursday) — AP Moeller-Maersk, the Danish owner of leading international container shipper Maersk Line, will use proceeds of an ongoing 9.2 billion kroner share sale to finance acquisitions in the upstream oil and storage terminal businesses. (US$1 =5.06 kroner). Oil terminals around the world are fully booked, forcing many traders to lease…
COMPANY: Maersk on the prowl for oil storage assets and terminals
Posted on September 23, 2009 by EnergyAsia