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Maersk in talks with possible buyers for stake in Global Ports

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COPENHAGEN : After its announcement about the shut down of its operations in Russia, Maersk said it has found possible buyers for its stake in the Russian port operator Global Ports Investments.

Although the Danish shipping company did not unveil names, it confirmed that it is in talks with several potential buyers, according to a Reuters report.

In mid-March, Maersk confirmed its decision to sell its shares, held through its subsidiary APM Terminals, in Global Ports due to Putin’s invasion of Ukraine. APM Terminals holds a 30.75% share of the largest port and terminal operator in Russia.

Maersk’s Chief Executive Officer, Søren Skou highlighted that the Danish carrier will not return to Russia until Moscow again “plays a good and constructive role in the world”.

The Copenhagen box line completed its last cargo operation in a Russian port on 2 May, while it has already announced the scheduled closure of its offices in Russia and Belarus.

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