EnergyWatch

Troubled Maersk company wants to dig for gold at the bottom of the sea

Struggling Maersk Supply Service, which has just had its value slashed by 40 percent, is looking to reverse its hardships by venturing into emerging business areas at sea.

Photo: Maersk Supply Service

Maersk Supply Service is trying to rehabilitate its financial balance by changing course.

The financially-struggling company, which the Maersk group has not yet managed to sell-off, is looking to help companies with tasks involving everything from digging for nickel and copper in the seabed to cleaning plastic from the oceans. This decision is a consequence of the beleaguered oil and gas industry having punctured Maersk Supply Service's bottom line.

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