EnergyWatch

Analysts: Maersk's new offshore venture points to family acquisition

The new joint venture between Maersk's drilling company and offshore carrier announced Thursday should be seen as a sign that the Maersk family will end up buying the two companies, say analysts to ShippingWatch.

Nyt joint venture på vej mellem Maersk Drilling og Maersk Supply Service. | Photo: PR-foto: Maersk Drilling og Maersk Supply Service

The two Maersk sales candidates Maersk Drilling and Maersk Supply Service could face intervention from the Maersk family, analyst Lukas Daul of ABG Sundial Collier tells ShippingWatch after the two offshore-related carriers announced a new joint venture centered on decommissioning Thursday morning CET.

While the new company has a budget of USD 20 million seen, limited in light of the billion US dollar business of the two Maersk companies together, this sends a clear signal to the market that it will continue with the same owners.

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