ContentsArticles

Maersk 1History of Maersk 10Maersk Oil 17Dansk Supermarked A/S 18Danske Bank 21

ReferencesArticle Sources and Contributors 24Image Sources, Licenses and Contributors 25

Article LicensesLicense 26

Maersk 1

Maersk

A.P. Møller – Mærsk A/S

Type Publicly traded aktieselskab

Traded as OMX: MAERSK A [1], MAERSK B [2]

Industry Conglomerate

Founded 1904

Headquarters Copenhagen, Denmark

Key people Nils Smedegaard Andersen (CEO)Michael Pram Rasmussen (Chairman)

Products Container shipping and terminals, ferry and tanker transport, semi-submersible drilling rigs and FPSOs, oil and gas explorationand production, shipyards, store retail

Revenue DKK 315.40 billion (2010)[3]

Operatingincome

DKK 59.65 billion (2010)[3]

Profit DKK 26.46 billion (2010)[3]

Total assets DKK 374.72 billion (end 2010)[3]

Total equity DKK 192.96 billion (end 2010)[3]

Employees 108,110 (average, 2010)[3]

Website www.maersk.com [4]

Maersk head office

A.P. Moller – Maersk Group (Danish: A.P. Møller – MærskGruppen), also known as Maersk (Danish: Mærsk), is a Danishbusiness conglomerate.[5] A.P. Moller – Maersk Group has activities ina variety of business sectors, primarily within the transportation andenergy sectors. It is the largest container ship operator and supplyvessel operator in the world[6] since 1996.[7]

A.P. Moller – Maersk Group is based in Copenhagen, Denmark,[8]

with subsidiaries and offices in more than 135 countries worldwide andaround 108,000 employees.[3] It ranked 147 on the Fortune Global 500list for 2010, down from 106 in 2009.[9]

HistoryA.P. Moller – Maersk Group started as the shipping company Dampskibsselskabet Svendborg, founded by captain Peter Mærsk-Møller and his son Arnold Peter Møller (2 October 1876 - June 1965) in Svendborg, 1904. A.P. Møller had four children, two by each of his two wives Chastine Estelle Roberta Mc-Kinney and Norwegian-born Pernille Ulrikke Amalie Nielsen. A.P. Møller's second child was Arnold Mærsk McKinney Møller (13 July 1913 - 16 April 2012). In 1939, Mærsk Mc-Kinney Møller became a partner in the company. Following the death of A.P. Møller in June 1965, he became CEO of the company and held this post until 1993, when he was succeeded by Jess Søderberg. Beginning in 1965, Mærsk Mc-Kinney Møller also served as company chairman and did not relinquish this position

Maersk 2

until December 2003 (90 years old), when the chairmanship was taken over by Michael Pram Rasmussen. MærskMc-Kinney Møller was until his death one of the "managing owners" of the company and was chairman of OdenseSteel Shipyard until 2 May 2006.[5]

The meaning and origin of the Maersk Group logoP.M. Møller (1836-1927), who was a deeply religious Christian, attached a blue banner with a white seven pointedstar on both sides of the black chimney on the steamship Laura when his wife recovered from illness. In a letter tohis wife, P.M. Møller explained in October 1886, "The little star on the chimney is a memory of the night when Iprayed for you and asked for a sign: If a star would appear in the gray and cloudy sky, it would mean that the Lordanswers prayers". The same star later became the logo for the Maersk Group. [10]

Business areasA.P. Moller – Maersk's activities are organised into four main business segments: Container shipping and relatedactivities; APM Terminals; Tankers, offshore and other shipping activities; Oil and gas activities; Retail activity; andShipyards, other industrial companies, interest in Danske Bank, etc.[5]

Container shipping and related activities"Container shipping and related activities" is the largest business area for A.P. Moller – Maersk, providing almosthalf of the group's revenue in 2008. It comprises worldwide container services, logistics and forwarding solutionsand terminal activities under the brand names: Maersk Line, Safmarine and Damco.[11] Since 1996, Mærsk is thelargest container shipping company in the world.[7]

Maersk Line

The Mærsk Kalamata

Eleonora Mærsk, one of the E-class vessels

The largest operating unit in A.P. Moller –Maersk by revenue and staff (around 22,000employees) is Maersk Line. Involved inglobal liner shipping services, Maersk Lineoperates over 550 vessels and has a capacityof 2.2 million[12] TEU (Twenty-footEquivalent Units). It is currently the largestcontainer shipping company in the world.Maersk Line took delivery of 26 ownedvessel in 2008.[11]

In 2006, the largest container ship in theworld to date, the E-class vessel EmmaMaersk, was delivered to Maersk Line fromOdense Steel Shipyard.[13] Seven othersisterships have since been built, and on 21February 2011, Maersk ordered 10 evenlarger container ships from Daewoo, theTriple E class, each with a capacity of18,000 containers. The first is to be delivered in 2014. There are options for 10-20 more.[14][15][16]

As of February 2010, Maersk had an order book for new ships totalling 857000TEU (including options on the TripleE class); that backlog is larger than the existing fleet of the fourth-largest line, Evergreen Line.[7]

Maersk 3

Maersk Line is cooperating with the US Navy on testing 7-100% algae biofuel on the Maersk Kalmar in December2011.[17][18]

On December 19, 2011, it was announced that Søren Skou will take over as CEO of Maersk Line from EivindKolding, effective from 16 January 2012.[19][20]

MCC Transport

MCC Transport is an Intra-Asia carrier delivering containerised cargo.

Safmarine

Safmarine is an independently operated shipping company in the A.P. Moller – Maersk Group with roots in Africa.It operates a fleet of more than 40 container vessels and more than 20 MPV's (Multi Purpose Vessels). [A.P. Møller– Mærsk A/S annual report 2008]The company has five container vessels and four MPV's on order for delivery in 2009-2011.[21]

Damco

Damco is the new, combined brand of the A.P. Moller – Maersk Group's logistics activities previously known asMaersk Logistics and Damco.[11]

Damco is involved in supply chain management and freight forwarding solutions all over the world. Damco has10,500 employees in offices in more than 93 countries.[11]

Maersk Line, Limited

Maersk Line, Limited, is a US-based subsidiary of A.P. Moller – Maersk Group which manages a fleet of US-flagvessels and provides U.S. government agencies and their contractors with transportation and logistics services.Headquartered in Norfolk, Virginia,[22] it manages the world's largest fleet of US-flag vessels. Beginning with arelatively small number of vessels focused on handling commercial and US Government-subsidised cargoes, MLL'sfleet of vessels engaged in commercial liner services.

Maersk 4

Other

Maersk Container Industry A/S: Container manufacturing with factories in China (Dongguan and Qingdao) andheadquarters in Denmark (Tinglev).[5] It was also announced that a new factory in Chile (San Antonio) is under way.Container Inland Services (Includes; Depots, Equipment Repair, Trucking, Container Sales etc.)[5]

APM Terminals

APM Terminals at Portsmouth, Virginia, USA

A.P. Moller – Maersk's independent APMTerminals business unit with its separateheadquarters in The Hague, Netherlands,operates a Global Port, Terminal and InlandServices Network with interests in 56 portsand container terminals in 36 countries onfive continents, as well as 155 InlandServices operations in 47 countries. Port andTerminal Operations include:

• Europe: Algeciras, Aarhus,Bremerhaven, Gioia Tauro, Gothenburg,Le Havre, Oslo, Portsmouth, Poti,Rotterdam, Zeebrugge.

• North America: Charleston (Stevedoringoperations), Houston, Jacksonville, Los Angeles, Miami, Mobile, Tacoma.

• South America: Buenos Aires, Itajai, Pecem, Callao• Middle East: Aqaba, Bahrain, Salalah, Port Said• Asia: Cai Mep, Colombo, Dalian, Guangzhou, Kobe, Laem Chabang, Mumbai, Pipavav, Qingdao, Tanjung

Pelepas, Tianjin, Shanghai, Xiamen, Yokohama.• Africa: Abidjan, Apapa, Cotonou, Douala, Luanda, Monrovia, Onne Port, Pointe Noire, Port Elizabeth, Tangier,

Tema.• New Projects Under ConstructionItalic text: Maasvlakte II Rotterdam, Moin, Santos, Vado, Wilhelmshaven

Tankers, offshore and other shipping activitiesTankers, offshore and other shipping activities" was responsible for 8.8% of Maersk's revenue in 2008, and posted25% of the group's profit for this period. The business segment comprises Maersk Tankers, Maersk Supply Service,Maersk Drilling, Maersk FPSOs, Maersk LNG and Svitzer.[11]

Maersk TankersMaersk Tankers is involved in transportation of oil and gas product, among others. As of July 2009, Maersk Tankersoperates 140 vessels: 20 crude carriers, 91 product tankers, 21 gas carriers, 8 LNG carriers (for liquefied natural gas)All Maersk Tankers’ tankers are double-hulled, an environmental requirement in much of the world following the1989 Exxon Valdez oil spill and other serious oil spills.[21] Since 2009, the company (along with other operators) hasused 'slow steaming'; reducing speed to minimize fuel consumption and decrease yearly capacity.[23]

Maersk 5

Maersk DrillingMaersk Drilling is involved in drilling activities all over the world. They service a number of oil and gas companieswith drilling of exploration and production wells.[11]

By the end of 2008, the fleet consisted of 10 jack-up drilling rigs, 1 semi-submersible drilling rig, 10 drilling barges,and with 2 jack-up drilling rigs and 3 semi-submersible drilling rigs on order.[11]

Maersk Supply ServiceMaersk Supply Service provides anchor handling, towage of drilling rigs and platforms as well as supply service tothe offshore industry. By the end of 2008, the fleet comprised 39 anchor handling vessels (including one charteredvessel), 11 supply vessels and 3 other vessel, and with 14 anchor handling vessels and 2 supply vessels on order.[11]

SvitzerSvitzer is involved in towage, salvage and other offshore support and is represented in more than 100 ports. By theend of 2008, Svitzer's fleet comprised 347 tugboats (including 14 chartered vessels), 32 standby vessels (including 2chartered vessels) and 145 other vessels (including 12 chartered vessels). 53 tugboats, 4 standby vessels and 1 othervessel are on order.[11]

bust in Copenhagen

Other

37.5% ownership share of Höegh Autoliners: By the end of 2008, Höegh Autolinersoperated 67 car carriers with a transported volume of 1.9 million car unitsannually.[11]

Oil and gas activities

Maersk Oil (Danish: Mærsk Olie og Gas A/S) was established in 1962 when Maerskwas awarded a concession for oil and gas exploration and production in the Danishsector of the North Sea.[10]Today, Maersk Oil is engaged in exploration for and production of oil and gas inmany parts of the world.[11] Total oil production is more than 600,000 barrels perday (95,000 m³/d) and gas production is up to some 1 billion cubic feet(28,000,000 m3) per day. Most of this production is from the North Sea, from boththe Danish and British sectors, but there is also production in offshore Qatar, inAlgeria and in Kazakhstan.In addition to the above-mentioned producing sites, Maersk Oil is involved inexploration activities in Danish, British, Dutch and Norwegian sectors of the NorthSea, Qatar, Algeria, Kazakhstan, Angola, Gulf of Mexico (US sector), Turkmenistan,Oman, Morocco, Brazil, Colombia and Suriname. Most of these activities are not100% owned, but are via membership in a consortium.The company prides itself for having developed production techniques especiallysuited to difficult environments (North Sea, etc.) and for drilling techniques thatsucceed in extracting oil from problematic underground conditions.Maersk Oil has been preliminarily awarded two new exploration licenses, PL472 and PL474, in Norway's latestlicensing round in February 2008.[24]

"Oil and gas activities" provided A.P. Moller – Maersk with 22% of its revenue and 68% of its profit in 2008.[11]

Maersk 6

Retail activityDansk Supermarked Group: Commercial retail and supermarkets: Bilka (hypermarkets), Føtex (qualitysupermarkets), F. Salling (department stores) and Netto (discount supermarket).[11]

Other activities

Maersk TrainingMaersk Training provides specialist training to specific industries. The 2010 merger of Maersk Training Centre andSvitzer Safety Services broadened a portfolio of courses to exploit the maritime, oil & gas, terminals and wind powerindustries.With centres in Svendborg and Esbjerg in Denmark, the MT Group global locations include Aberdeen andNewcastle in the UK, and Stavanger in Norway. Centres are also in Chennai, India and Port Harcourt, Nigeria.Bahrain is the Middle Eastern hub and a Brazilian centre will come on-line later this year.

RostiProduction of plastic-based products

Star AirStar Air owns 11 Boeing 767 cargo aircraft, primarily engaged in long-term contract flying for United Parcel Service(UPS) in Europe.[11]

Danske BankA.P. Moller – Maersk owns a 20% stake in Danske Bank, one of the biggest banks in Scandinavia.[11]

Entry level programmes in A.P. Moller – Maersk• Maersk Line Graduate Programme (MLGP) [25]

•• Finance Programme (MIFP)• Technology & Science (MITAS)[5]

MISEMaersk International Shipping Education (M.I.S.E.) was the two year management trainee program constitutedto develop the future leaders of the A.P. Moller – Maersk Group.Each year approximately 450 trainees were enrolled representing more than 80 countries into the M.I.S.E.Programme. Trainees were selected from more than 85,000 applications received each year and underwent anintensive education. The program combined practical and theoretical education across all major divisions of thegroup with extensive multicultural exposure and international job opportunities within Maersk upon completion.Starting 2009, the M.I.S.E programme has been discontinued and Maersk will begin to operate business specificentry level programmes. In autumn in 2009 Maersk Line launches a new graduate programme called the MaerskLine Graduate Programme (M.L.G.P) [25].

Maersk 7

Piracy

Maersk Alabama as seen from a P-3C Orion Aircraftduring its 2009 hijacking.

On the morning of April 8, 2009 the 17,000-ton MV MaerskAlabama was en route to Mombasa, Kenya, when it was hijackedby pirates off the Somali coast. The company confirmed that theU.S.-flagged vessel had 20 U.S. nationals onboard. This was thefirst time that the US had to deal with a situation in whichAmericans were aboard a ship seized by pirates in over 200 years.By noon, the Americans were able to resist the pirates and regaincontrol of the ship. However, the pirates retreated on a covered lifeboat and held the captain hostage for four days. On April 12, 2009,it was confirmed that the captain held hostage was freed by the USNavy, where SEAL sharpshooters killed three of the pirates. A fourth pirate surrendered earlier due to a medicalinjury.

Maersk Line estimates that piracy costs the company $100 million per year due to longer routes and higher speed,particularly near East Africa.[26]

As of 2010, all 83 Maersk tankers divert around the Cape of Good Hope south of Africa instead of going through theSuez Canal.[27]

Controversy

Labor practicesTrade unions and labor rights organizations have criticized Maersk's labor practices in different parts of the world.In El Salvador, Maersk has been accused of maintaining abusive conditions for port drivers. Charges includeexcessively long shifts, minimal wages and the repression of freedom of association by running union-bustingcampaigns, including firing and blacklisting at least 100 drivers in 2001.[28][29]

Globalization Monitor, a labor rights group based in Hong Kong, has reported poor labor conditions in Maerskfacilities in Dongguan and Qingdao, China. In January and May 2008, respectively, two riots reportedly broke outamongst workers at the Maersk plant in Dongguan in protest of poor working conditions and employment terms. InApril 2011, Globalization Monitor stated, "Maersk's plants in China are still far from satisfactory as long as laborand human rights are concerned."[30] This although Danish news articles already in November 2009 brought resultsfrom a report made by an external work environment consultant Crecea which stated that the environment on theMaersk factory in Dongguan was above average in China. [31]

Overcharging allegationsIn response to a complaint from whistleblower Jerry H. Brown II, the US Government filed suit against Maersk forovercharging for shipments to US forces fighting in Iraq and Afghanistan. In a settlement announced on 3 January2012, the company agreed to pay $31.9 million in fines and interest, but made no admission of wrongdoing. Brownwas entitled to $3.6 million of the settlement.[32]

Business with IranIn August 2010, the U.S. government fined Maersk $3.1 million for violating its embargo on Iran and Sudan.According to U.S. authorities, Maersk Line illegally used ships registered in the U.S. to carry 4,714 shipments ofcommercial cargo to Sudan and Iran between January 2003 and October 2007. Maersk could have been fined morethan 60 million dollars.[33]

Maersk 8

Following the U.S. blacklisting of Tidewater Middle East Co., a major Iranian port operator with suspected ties tothe Islamic Revolutionary Guard Corps (IRGC), Maersk suspended operations at several Iranian ports in June 2011in order to comply with U.S. sanctions.[34] In July 2010, the advocacy group United Against Nuclear Iran originallyhighlighted Maersk's ties to Tidewater and called on Maersk to cease its business in Iran.[35][36]

Notes[1] http:/ / www. nasdaqomxnordic. com/ shares/ shareinformation?Instrument=CSE3200[2] http:/ / www. nasdaqomxnordic. com/ shares/ shareinformation?Instrument=CSE3201[3] "Annual Report 2010" (http:/ / investor. maersk. com/ common/ download/ download. cfm?companyid=ABEA-3GG91Y& fileid=443362&

filekey=32c63cdb-2fd7-4a83-a352-10a78175a27c& filename=100154_AR2010_UK. pdf). A.P. Møller - Mærsk. . Retrieved 23 February2011.

[4] http:/ / www. maersk. com[5] "A.P. Moller - Maersk website" (http:/ / web. archive. org/ web/ 20071024180204/ http:/ / www. maersk. com/ en). Maersk.com. Archived

from the original (http:/ / www. maersk. com/ en) on 2007-10-24. . Retrieved 2007-12-04.[6] "Container shipping" (http:/ / www. economist. com). Economist.com. 2005-05-11. . Retrieved 2007-12-04.[7] "Volume 2011 Issue 8" (http:/ / www. alphaliner. com/ liner2/ research_files/ newsletters/ 2011/ no08/ Alphaliner Newsletter no 08 - 2011.

pdf). Alphaliner Weekly Newsletter. . Retrieved 27 February 2011.[8] " Contact Us (http:/ / www. maersk. com/ AboutMaersk/ Pages/ ContactUs. aspx)." Maersk. Retrieved on 22 September 2011. "Headquarters

A.P. Møller - Mærsk A/S Esplanaden 50 1098 Copenhagen K Denmark "[9] "Fortune 500" (http:/ / money. cnn. com/ magazines/ fortune/ global500/ 2010/ countries/ Denmark. html). Fortune. 2010. . Retrieved

2010-12-18.[10] Ellemose, Søren (2008). "Chapter 1: Hr. Møller". Hr. Møller - årets gang i A.P Møller-Mærsk. documentas. pp. 22-23.

ISBN 978-87-7063-054-2.[11] "Annual Report 2008" (http:/ / investor. maersk. com/ common/ download/ download. cfm?companyid=ABEA-3GG91Y& fileid=317044&

filekey=6e4c8931-59e6-4c4e-a6ad-541ed2d52e7b& filename=UK_APM_Beretning-08_Internet. pdf). shareholders.maersk.com. . Retrieved2009-07-20.

[12] "Alphaliner - TOP 100 - Existing fleet on February 2011" (http:/ / www. alphaliner. com/ top100/ index. php). . Retrieved 2011-02-27.[13] "Maersk Line" (http:/ / www. maerskline. com). maerskline.com. . Retrieved 2009-07-20.[14] Maersk orders up to 30 of biggest container ships on trade (http:/ / www. businessweek. com/ news/ 2011-02-21/

maersk-orders-up-to-30-of-biggest-container-ships-on-trade. html) BusinessWeek, 21 February 2011. Accessed: 21 February 2011.[15] Official website of Mærsk Triple-E (http:/ / www. worldslargestship. com/ )[16] Mærsk line official site (http:/ / www. maerskline. com/ link/ ?page=news& path=/ news/ story_page/ 11/ Triple_E)[17] Maersk and the Navy Join Hands for Biofuels Testing (http:/ / www. oilgae. com/ blog/ 2011/ 12/

maersk-and-the-navy-join-hands-for-biofuels-testing. html) Oil Algae, 13 December 2011. Accessed: 13 December 2011.[18] Geiver, Luke. (http:/ / www. biorefiningmagazine. com/ articles/ 5958/ u-s-navy-biofuel-trials-go-high-tech) BioRefining Magazine, 21

November 2011. Accessed: 13 December 2011.[19] Bloomberg: "Danske Bank Names Chairman Kolding CEO" (http:/ / www. bloomberg. com/ news/ 2011-12-19/

danske-bank-names-chairman-kolding-ceo. html)[20] Announcement December 19, 2011: "Søren Skou will take up the position as CEO of Maersk Line" (http:/ / files. shareholder. com/

downloads/ ABEA-3GG91Y/ 1346304982x0x529339/ bce6b99d-a7ea-4a6d-9651-a7c2769ecd81/ 2011 Announcement - management change.pdf)

[21] "Maersk Tanker's website" (http:/ / www. maersktankers. com). maersktankers.com. . Retrieved 2009-07-24.[22] "Maersk Line, Limited" (http:/ / web. archive. org/ web/ 20071030183301/ http:/ / www. maersklinelimited. com/ mll/ about/ index. asp).

MaerskLineLimited.com. Archived from the original (http:/ / www. maersklinelimited. com/ mll/ about/ index. asp) on 2007-10-30. . Retrieved2007-12-25.

[23] VLCC Turning to Super-slow Steaming (http:/ / www. eshiptrading. com/ InfoContent-41640-4. html) Eship Trading, 23 February 2011.Accessed: 27 February 2011.

[24] http:/ / www. energy-business-review. com/ news/ maersk_oil_wins_two_exploration_licenses_in_norway/[25] http:/ / www. mlgp. com[26] Pirates cost Maersk 100 million (http:/ / www. maritimedanmark. dk/ ?Id=10174) Børsen, 22 February 2011. Accessed: 24 February 2011.[27] Bowden, Anna et al. The Economic Cost of Maritime Piracy (http:/ / oceansbeyondpiracy. org/ documents/

The_Economic_Cost_of_Piracy_Full_Report. pdf) page 11. One Earth Future, December 2010. Accessed: 26 February 2011.[28] "Maersk Drivers Face Repression and Abuse in El Salvador" (http:/ / www. globallabourrights. org/ reports?id=0487). Institute for Global

Labour & Human Rights. 1 November 2004. . Retrieved 1 July 2011.[29] David Bacon (4 January 2005). "Who Murdered Gilberto Soto?" (http:/ / prospect. org/ cs/ articles?article=who_murdered_gilberto_soto).

The American Prospect. . Retrieved 1 July 2011.

Maersk 9

[30] "A Follow Up Investigation on Maersk Qingdao and Dongguan" (http:/ / www. globalmon. org. hk/ en/ wp-content/ uploads/ 2011/ 06/report-on-mciq-and-mcid_final. pdf). Globalization Monitor. 15 April 2011. . Retrieved 1 July 2011.

[31] "Mærsk rydder op i arbejdsmiljøet i Kina" (http:/ / politiken. dk/ erhverv/ ECE838132/ maersk-rydder-op-i-arbejdsmiljoeet-i-kina/ ).Politiken. 18 November 2009. .

[32] Egelko, Bob, "$31.9 Million Settlement In Shipping Suit", San Francisco Chronicle, 4 January 2012, P. D1.[33] "Danish Maersk pays US for breaching Iran, Sudan embargoes" (http:/ / www. google. com/ hostednews/ afp/ article/

ALeqM5iip5WHERZtyNfsfz4ksjcBMTOP9g). AFP. 2 August 2010. . Retrieved 1 July 2011.[34] "World's top shipper suspends some Iran ops over sanctions" (http:/ / www. reuters. com/ article/ 2011/ 06/ 30/

maersk-iran-idUSL3E7HU02N20110630). Reuters. 30 June 2011. . Retrieved 1 July 2011.[35] "Firms Contracting With U.S. Government Flout Iran Sanctions Law, Watchdog Says" (http:/ / www. foxnews. com/ politics/ 2010/ 07/ 30/

firms-contracting-government-flouting-iran-sanctions-law-watchdog-claims/ ?test=latestnews). Fox News. 30 July 2010. . Retrieved 1 July2011.

[36] "Shipping Firm Maersk Suspends Business With Iranian Ports in Wake of Sanctions" (http:/ / www. foxnews. com/ politics/ 2011/ 07/ 01/shipping-firm-maersk-suspends-business-with-iranian-ports-in-wake-sanctions/ ). Fox News. 1 July 2010. . Retrieved 1 July 2011.

References• Peter Suppli Benson, Bjørn Lamnek and Stig Ørskov: Mærsk · manden og magten, Politiken Bøger, 2004

("Maersk · The Man and Power", in Danish).• Lotte Folke Kaarsholm, Cavling Prize recipient Charlotte Aagaard (Information) and Osama Al-Habahbeh

(Al-Jazeera in Denmark): Iraqi Port Weathers Danish Storm (http:/ / www. corpwatch. org/ article.php?id=13196), CorpWatch, 31/1/2006.

• Christian Jensen, Tomas Kristiansen and Karl Erik Nielsen: Krigens købmænd, Gyldendal, 2000 ("The Merchantsof War", in Danish)

External links• Official website (http:/ / www. maersk. com)• Maersk companies (http:/ / opencorporates. com/ corporate_groupings/ Maersk) grouped at OpenCorporates• A.P. Møller – Mærsk A/S Company Profile on "Yahoo! Finance" (http:/ / biz. yahoo. com/ ic/ 54/ 54680. html)• Website of SVITZER A/S (http:/ / www. svitzer. com)• Website of the shipping line "Maersk Line" (http:/ / www. maerskline. com)• Website of Reederei Blue Star (http:/ / www. reedereibluestar. de)• Website of Blue Star History (http:/ / www. bluestarline. org)

History of Maersk 10

History of MaerskThe A. P. Moller-Maersk Group (Danish: A.P. Møller-Mærsk Gruppen) is an international business conglomeratemore commonly known simply as Maersk.[1] This article focuses on the history of the company.The beginnings of the A.P. Møller-Mærsk Group was the shipping company Dampskibsselskabet Svendborg,founded by captain Peter Mærsk-Møller and his son Arnold Peter Møller (2 October 1876 - June 1965) inSvendborg, 1904. A.P. Møller had four children, one of whom was Mærsk Mc-Kinney Møller. In 1939, he became apartner in the company. Following the death of A.P. Møller in June 1965, Mc-Kinney Møller became CEO of thecompany and held this post until 1993, when he was succeeded by Jess Søderberg. Beginning in 1965, MærskMc-Kinney Møller also served as company chairman and did not relinquish this position until December 2003 (whenhe was 90 years old). He was still one of the "managing owners" of the company at the time of his death and waschairman of Odense Steel Shipyard until 2 May 2006.

1886 - 1945: Beginnings to World War II

Mærsk global headquarters, located in Copenhagen, Denmark.

• 1886: Captain Peter Mærsk-Møllerbuys his first steamship, theBritish-built S.S. Laura.

• 1904: The Steamship CompanySvendborg is founded by CaptainPeter Mærsk-Møller and ArnoldPeter Møller. The company's firstship was the British-built 2,200 tdwcargo steamer Svendborg.

• 1912: Steamship Company of 1912is founded by A.P. Møller.

• 1918-1919: A.P. Møller builds hisown shipyard, the OdenseStaalskibsvaerft near the OdenseCanal in the city of Odense. Keels are laid for the first two ships.

• May 1920: The newly erected Odense Yard delivers its first ship, the Robert Mærsk.• 1921: Odense Yard delivers its first diesel powered vessel Leise Mærsk to A.P. Møller.• 1926: A.P. Møller enters into the tanker business and orders 5 motor tankers with 8,100 and 11,200 tdw.• 1928: A.P. Møller begins the first liner service under the Name Mærsk Line with 6 motor ships, each 6000-7000

tdw on the Trans Pacific Route Far East - US West coast and via the Panama Canal to Baltimore.• Feb. 1928: A.P. Møller gets its first tanker, the 11.200 tdw motor tanker Emma Mærsk, built by Burmeister &

Wain, Copenhagen.• March 1928: Odense Yard builds its first tanker, the 8,000 tdw M.T. Anna Mærsk.• 1930: A.P. Møller becomes the co-owner of the weapons factory Riffelsyndikatet. In the following years he

increases his share from 15 to 31.6%, to become the largest shareholder.[2]

• 1934: Mærsk Line gets the 9,000 tdw cargo motorship Nora Mærsk from Odense Yard, but after 2 years ofservice it sinks due to a fire in Indonesia.

• Dec. 1936: The 16,500 tdw motortanker Eleonora Mærsk is delivered from the Deutsche Werft,Hamburg-Finkenwerder and is the biggest ship of the Mærsk fleet and also the largest single-crew motorship inthe world.

History of Maersk 11

• 1936: With the M.S. Francine, A.P. Møller gets from Odense yard its first reefer vessel. It is chartered to the J.Lauritzen Company, Denmark.

• 1937: Mærsk Line receives two 9,000 tdw motor cargo ships from Bremer Vulkan. The vessels are namedMarchen Mærsk and Grete Mærsk.

• 1937: Odense Yard delivers two 7,000 tdw white-painted hull cargoships Gudrun Mærsk and Robert Mærsk withreefer capacity.

• Feb. 1939: Odense Yard delivers the 9,200 tdw M.S. Laura Mærsk the largest cargo ship to the Mærsk fleet.• Sept. 1939: At the beginning of World War II, A.P. Møller is the second largest shipping company in Denmark

with a total of 46 ships.• April 1940: On 8 April 1940, A.P. Møller issues Permanent Special Instruction One to the 36 Mærsk ships on the

high seas. Should Denmark become involved in war, all ships were to report directly to the New York office andfollow its instructions. No orders from Copenhagen were to be followed if not approved by the New York office.On the next morning, 9 April 1940, Germany invades Denmark and Norway, and Denmark surrenders the sameday. On 24 April, Mærsk Mc-Kinney Møller is made a partner in the company, and on 26 April he and his wifeleave Denmark. Mærsk Mc-Kinney Møller manages the New York office throughout World War II.

• June 1941: The United States takes control of foreign ships and the Mærsk fleet serves in the US Navy for therest of the war. More than half of the Mærsk fleet is lost during the war.

• 10 May 1943: The Riffelsyndikatet company is sabotaged by members of the Danish resistance. A.P. Møllertravels personally to Stockholm and requests of Danish newspaper Politiken's correspondent that he "tells Londonto put an end to sabotage", which "is harmful to Danish interests".[3]

• 22 June 1944: New sabotage action is taken by members of resistance group BOPA, who occupy Riffelsyndikatetand detonate a charge which prevents the resumption of production for the remainder of World War II .

1945 - 1965: Reconstruction following World War II• June 1945: Mærsk's pre-WWII fleet had been reduced to just seven ships. Another 14 ships remained under the

control of the US under the US shipping board until 1946.• 9 Oct. 1945: The "Collaborationist Acts", (in Danish: Værnemagerlovene) III and IV are passed by the Danish

Folketing. They demand that profits earned by companies dealing with Germany during the occupation andjudged to be excessive, be paid back to the state. Riffelsyndikatet, and other A. P Møller-owned shipping andindustrial companies such as the still extant Odense Steel Shipyard and the Bukh Motor Works are fined a total ofapproximately 10 million Danish kroner (the equivalent of about 150 million in 2004)[4]

• 1947-48: A shipbuilding program is started. New vessels are ordered at yards in Denmark, Sweden, Germany,Italy, the Netherlands, Belgium, and Japan. Mærsk also takes over several US war-built ships of the U.S. Libertyand C-1 class and German-designed "Hansa A" and "Hansa B" class.

• 1953: Chastine Mærsk becomes the first of 13 motor ships in a new fast cargo ship class. The Mærsk fleet nowhas the same size as it had before World War II.

• 1954: The turbine tanker Regina Mærsk is launched, setting a new size-record for the Odense Yard. It is also thefirst Mærsk vessel with a blue-painted hull.

• 1956: The S.S. Hans Mærsk (built 1916) is sold after 40 years of service in the Mærsk fleet.• 1959: The newly constructed Odense Lindø Yard, located in Munkebo around 10 km away from the old yard,

opens. It has two large building docks and begins with laying the keel for two 50,000 tdw tankers.• 1961: The first ships built at Lindø are five 50,000 tdw turbine tankers produced for Standard Oil of California

and three for the Mærsk Line. Until 1977, the Yard mostly produced 100,000 tdw tankers. From 1968, 200,000and 250,000 tdw tankers are produced, from 1971 280,000 tdw tankers, and ultimately 330,000 tdw tankers areproduced as well.

• 1962: The Danish government grants A.P. Møller a license to search for oil in the Danish part of the North Sea. At the time, almost nobody expects any oil to be found. A new oil company, Mærsk Olie og Gas A/S, is later

History of Maersk 12

founded.• 1962 - 1963: Three ships of the Trein Mærsk-class enters service. At the time, they were the company's largest

cargo liners.• 1964: Dansk Supermarked A/S is founded.• 1965: A.P. Møller's Odense Yard produces its first product tankers Dangulf Mærsk and Svengulf Mærsk.

1965 - 1993: Mærsk Mc-Kinney Møller takes the helm• 1966: The Bulkcarrier Laura Mærsk (yard no. 177) is the last ship produced at the old Odense Yard. The old yard

is closed.• 1967: A.P. Møller produces its first supply vessel, Mærsk Supplier.• 1967 : The Odense Lindø Yard is enlarged with a new 90 x 420 m construction dock with a great gantry crane.

This enables the construction of VLCC tankers, later ULCC Tankers, and now Ultra-Post-Panamax containerships.

• Nov. 1967 - 1969: Mærsk Line produces the last class of seven fast conventional motor cargo vessels, the CecilieMærsk-class. At test runs, they reach a maximum of 26 knots. They are used in the Europe-Far East service and inthe Trans-Pacific service. In 1974, they are converted to semi-container ships, and following a large modificationprogramme, as full container ships in 1980.

• 1968: Odense Lindø Yard builds its first 200,000 tdw tanker, Dirch Mærsk.• 1969: Maersk Air is founded and begins operations the following year.

M-class vessel "Maersk Mykonos" at NTB Bremerhaven, July 2006

• July 1971: Odense Yard produces the283,000 tdw turbine tanker ReginaMærsk, the biggest ship in Europe.

• 1972: The first gas tanker for A.P.Møller, Inge Mærsk enters service.

• 1973: Mærsk Line adds its first containership to the fleet, the Japanese-constructedSvendborg Mærsk (1,800 twenty-footequivalent units (TEU)).

• July 1974: Odense Yard builds theturbine tanker Kristine Mærsk (330,000tdw), the biggest tanker in Europe. Sixmore vessels of this class are built forA.P. Møller until 1977.

• Aug. 1975-1976: Mærsk Line receivesnine fast single screw 1,200 TEU turbinecontainer ships, the Adrian Mærsk-class, from the German shipyards Blohm & Voss (Hamburg) and Flenderwerft(Lübeck) for use in the trans-Pacific service. They are designed by United Ship Design & Development Centre inTaiwan.

• April 1979: Construction of the new company headquarters at Esplanaden is completed.• 1980: Six Odense built RORO-container ships (Elisabeth Mærsk-class) are added to the Mærsk fleet.• January 1981: Mærsk Line opens its own container service on the Europe-Far East route with the first container

ship built at Odense Yard, Laura Mærsk (2,000 TEU). Ten sister ships join the fleet until 1985.• 1988: A.P. Møller opens a container factory in Tinglev, Denmark.• 1988: Mærsk begins a trans-Atlantic container service.• April 1988: Odense Yard produces the Marchen Mærsk (4,300 TEU), the largest containership of the world.

Eleven more ships are built between 1988 and 1991.

History of Maersk 13

• 1989: Mærsk Line introduces the 45' container as a third standard container size.• 1991-1996: Mærsk and P & O begin a joined global container service.• 1992: The first large gas carrier Inger Mærsk (80,000 cbm) is added to the fleet.• Dec. 1992: Odense Yard produces the world's first double-hull 300,000 tdw tanker, Eleo Mærsk. Until 1995, 5

sister ships are produced for Mærsk Line and 3 additional for Saudi Arabian VELA.

1993 - 1999: Bigger and bigger

Mærsk Sealand 40' Containers

• March 1993: Mærsk Line takes over theEacBen Container Line Ltd. with 9large container ships. It becomes thelargest container line in the world.

• Dec. 1995: Hyundai H.I., Ulsan deliversthe 4,300 TEU Panamax container shipDragør Mærsk, the first of a series of 16ships for Mærsk Line.

• Jan. 1996: The world's largest containership, Regina Mærsk, is delivered fromOdense Yard and enters the Europe - FarEast liner service. At this time it holdsmany records: first ship over 6,000 TEUcapacity, with a length of 318.2 meters, itis the first container ship over 300 meters; first with 42.80 m breadth and first over 80,000 BRZ and tdw.

• May 1996: The Mærsk cooperation of the liner service with P&O is ended and a new global containerservice withSealand Corporation is started.

• Sept. 1997: Odense Yard delivers Sovereign Maersk, the world's first 8,000 TEU and over 100,000 tdw containership to the Mærsk fleet. It is also 346 meters long; the longest ship in the world at that time.

• January 31, 1998: A.P. Møller Group acquires the Volkswerft in Stralsund (Germany) from the GermanTreuhand for 25 million dollars. The yard is completely modernized, including a large shipbuilding hall and a 230m (now 275 m length) ship lift to launch the ships. Container ships (2,500 class) are produced for the Mærsk fleet.They have a size of 2,900-3,000 TEU. Supply vessels and cable-laying vessels are also produced.

• February 1999: Mærsk takes control of the Safmarine container line, including the Compagnie Maritime Belge(CMB) with 50 owned and chartered container vessels.

• 1999: First vessel from mainland China (People's Republic of China), a 35,000 tdw R-class tanker built atGuangzhou Shipyard International.

History of Maersk 14

1999 - 2005: Mærsk-Sealand

Maersk Sealand container on a trailer

• November 1999: Mærsk buys containershipper Sea-Land Corporation with 70vessels, container terminals and linerservice from the CSX Corporation. Thenew name of the shipping company isMærsk Sealand.

• June 2001: Mærsk buys the DutchSmit-Wijsmüller salvage company(including the Esbjerg, Denmark basedESVAGT company) over its subsidiarycompany A/S Em Z. Svitzer with morethan 250 vessels (tugs, barges, offshoreand other vessels). The Mærsk groupnow operates the world's largest fleet ofsalvage and offshore vessels.

• September 2002: Mærsk takes over the shipping liner activities of the Danish shipping companyDampskibsselskabet TORM, which sails from the United States to the Gulf and from the Eastern seaboard of theUnited States to the west coast of Africa. Within the Mærsk group, the routes are now operated by Safmarine.

• 2003: The two holding companies Dampskibsselskabet Svendborg A/S and Dampskibsselskabet af 1912 A/S aremerged to A.P. Møller-Mærsk A/S.

• March 2003: Odense Yard produces Axel Mærsk, at the time, the world's biggest and longest container ship. Italso has the world's largest cargo capacity. It is the first container ship with 352 m Loa. Its width is 42.80 m, itcarries 109,000 tdw, with a 12-cylinder HSD-Wärtsilä Sulzer diesel engine, developing 63,000 kW at 100revolutions per minute – equivalent to 85,500 BHP. Five sister ships are built between 2003-2004 (Anna Mærsk,Arnold Mærsk, Arthur Mærsk, Adrian Mærsk, and Albert Mærsk).

• April 2004 : The first LNG-carrier (120,000 cbm) with the name Mærsk Las Raffan from Samsung Heavy Ind.South Korean enters the Mærsk fleet. A sister ship is ordered for 2006.

• May - Oct. 2004: Volkswerft builds three containerships of each 2100 TEU for Safmarine.• 2004: The company headquarters at Esplanaden are enlarged and opens in February 2005.• 2004 - 2005: Odense Yard builds its first naval ships with two flex-support-ships (Loa. 137.5 m) for the Royal

Danish Navy.• In 2004, the group had revenues of about 157,112 million DKK (21,138 million euros). In 2004, Mærsk made

a net profit of DKK 18.4 billion (USD 3.1 billion). It is listed on the KFX-index of the Copenhagen StockExchange. In 2004, the company had a 12% share of the world's container shipping market. [5]

• March 2005: Odense Yard delivers the Post-Panamax-Containership DAL Kalahari for Deutsche-Afrika-Linien,the first ship which is not built for the Mærsk Group for ten years.

History of Maersk 15

2005 - present

9500 TEU container ship Gunvor Mærsk of the Gudrun Maersk class

Mærsk Boston before sea trials at Volkswerft Stralsund

• 11 May 2005: Mærsk announcesplans to purchase the rival shippingcompany P&O Nedlloyd for 2.3billion euros (USD 2.96 billion).Some analysts believe the purchaseis inspired by the undercapacity inthe world container market. Worldtrade is currently growing fasterthan ships are being built. Bybuying another large company,Mærsk will be able to expand itscapacity by a third. With thispurchase, Mærsk will be by far thelargest single shipping companyand the largest container line in theworld with more than 550 vessels.From 11 May to 24 June 2005,Mærsk acquired 19.4% of RoyalP&O Nedlloyd stocks.

• June, 2005: Odense Yard producesthe Gudrun Mærsk for the Mærskfleet, again setting a world recordfor biggest and longest containership. It will serve on theEurope–Far East liner service.

• 29 June 2005: P&O sells its last 25% share of Nedlloyd stocks to A.P. Møller and the two Scandinavian banksDanske Bank and Nordea.

• 29 June 2005: A.P. Møller subsidiary Norfolkline acquires the Irish sea ferry operator Norse Merchant Ferrieswith 9 ships.

• 30 June 2005: A.P. Møller-Mærsk agrees to sell Maersk Air to Fons Eignarhaldsfélag, Iceland.• 11 August 2005: A.P. Møller-Mærsk announces that the purchase of Royal P&O Nedlloyd N.V. has been

completed. The company will be merged with Mærsk-Sealand. Royal P&O Nedlloyd has a fleet of 162 containervessels with 460,203 TEU. From February 2006, the new company will be named Mærsk Line. P&O NedlloydLogistics and Mærsk Logistics will be merged under the name Mærsk Logistics.

• May 2006: The Volkswerft Stralsund delivers the first of a series of seven very fast 29 kn 4250 TEU PanamaxContainer ship, the Maersk Boston.

• 12 August 2006: Maersk again breaks the world record for largest container ship with the 11,000 TEU EmmaMærsk built at Odense Steel Shipyard.

• 3 March 2007: Evelyn Mærsk launched, joining sister ships Emma Mærsk, Elly Mærsk, Eleonora Mærsk, andEstelle Mærsk.[6]

• 8 January 2008: Maersk Line, the container shipping division of the A.P. Moller - Maersk Group, announcesdetails of its new streamLINE strategy to drive the turnaround of the business and return to sustainableprofitability. There will be a reduction of 2-3,000 positions worldwide, along with a reduction in the number ofregional organizations.

History of Maersk 16

• February 2011: Maersk announced orders for a new "Triple E" series of containerships, which would be theworld's largest (at 18,000TEU), with an emphasis on lower fuel consumption.[7]

References[1] "Maersk Group home page" (http:/ / web. archive. org/ web/ 20071012231026/ http:/ / about. maersk. com/ en). Maersk.com. Archived from

the original (http:/ / about. maersk. com/ en) on 2007-10-12. . Retrieved 2007-12-04.[2] Mærsk · manden og magten, p. 96[3] Mærsk · manden og magten, p. 98[4] Mærsk · manden og magten, pp. 98-102.[5] http:/ / www. economist. com/ agenda/ displayStory. cfm?story_id=3960281[6] http:/ / www. business. dk/ brancher/ transport_energi/ artikel:aid=2030238[7] "NORDIC ROUNDUP: Maersk Orders 10 Container Carriers - Source - WSJ.com" (http:/ / online. wsj. com/ article/

BT-CO-20110218-706510. html). The Wall Street Journal. 2011-02-22. . Retrieved 2011-02-22.

Maersk Oil 17

Maersk Oil

Maersk OilMærsk Olie og Gas A/S

Type private

Industry oil and gas industry

Founded 1962

Founder(s) A. P. Moller-Maersk Group

Headquarters Copenhagen, Denmark

Products petroleumnatural gas

Parent A. P. Moller-Maersk Group

Website www.maerskoil.com [1]

Maersk Oil (Danish: Mærsk Olie og Gas A/S) is a Danish oil and gas company owned by the A. P. Moller-MaerskGroup. The company was established in 1962 when Maersk Group was awarded a concession for oil and gasexploration and production in the Danish sector of the North Sea. In 1986, Maersk Oil took over operatorship of theDansk Undergrunds Consortium-owned fields in the Danish section of the North Sea.[2]

Maersk Oil is engaged in exploration for and production of oil and natural gas in the North Sea Danish, British,German and Norwegian sectors, Qatar, Algeria, Kazakhstan, Angola, Gulf of Mexico (US sector), Turkmenistan,Oman, Morocco, Brazil, Colombia and Suriname. Most of these activities are not 100% owned, but are viamembership in consortiums.Total oil production is more than 600000 barrels per day (unknown operator: u'strong' m3/d) and gas production isup to some 1 billion cubic feet per day (unknown operator: u'strong'×106 m3/d). Most of this production is fromthe North Sea, from both the Danish and British sectors, but there is also production in offshore Qatar, in Algeria, inKazakhstan and in Turkmenistan.Maersk Oil has been preliminarily awarded two new exploration licenses, PL472 and PL474, in Norway's latestlicensing round in February 2008.Oil and gas activities provided A.P. Moller - Maersk with 22% of its revenue and 68% of its profit in 2008.

References[1] http:/ / www. maerskoil. com/[2] Hahn-Pedersen, Morten (1999). A.P. Møller and the Danish oil (http:/ / books. google. com/ books?id=rHY4yEBHPEQC& pg=PA217).

Schultz Forlag. p. 217. ISBN 9788760904653. .

Dansk Supermarked A/S 18

Dansk Supermarked A/S

Dansk Supermarked

Type Private shareholder company

Industry Retail

Founded 1964

Founder(s) Herman Salling

Headquarters Højbjerg, Denmark

Key people Erling Jensen, president and CEO

Revenue 7.560 billion EUR (2007) [1]

Net income 270 million EUR (2007) [1]

Owner(s) A.P. Moller-Maersk Group. / F. Salling A/S

Employees 43.000 (2010)

Subsidiaries Netto, Føtex, Bilka, A-Z, Tøj&Sko, Salling

Website http:/ / www. dsg. dk/

Dansk Supermarked A/S (The Danish Supermarket Ltd) is a corporation owning several chains of stores. The storechains under Dansk Supermarked only operate in Denmark, except Netto which has expanded to several Europeancountries. The corporation was founded by Herman Salling as Jysk Supermarked, but the name was changed to theDansk Supermarked A/S when Herman Salling partnered with the A.P. Moller-Maersk Group in 1964.

Early HistoryThe Danish Supermarket was built on the foundation of the Salling Department Store Department Store, created in1906 by Ferdinand Salling. He worked there until his death in 1953 and he managed to transform his company intopublic limited company - F. Salling A / S.After the death of F. Salling, his son Herman Salling took over the company. He traveled all over the world in searchfor inspiration and new ideas. After that he decided to focus on department stores, supermarkets and hypermarketschains.In 1960, Herman Salling opened his first store Føtex, which was a completely new type of store for Denmark. Theidea behind that store was to provide both food and textiles under one roof.[2]

Despite, the fact that Føtex is the oldest store in the Dansk Supermarket Group, it has never stopped growing. In2007, the company decided to open a Føtex Food store, which will offer only quality food and in 2009 the first storewas opened in the intersection of Aarhus, Aalborg and Hasseris. Today, there are 6 Føtex Food stores all overDenmark.

Dansk Supermarked A/S 19

A.P. Møller Enters Dansk SupermarkedHerman Salling wanted to expand his venture across Europe, so he started looking for partners to provide him extrafunding.Salling found the right partner in 1964 and he made a deal with A.P. Møller, which acquired him 50% of thecompany. Møller also suggested that Herman Salling's company - Jysk Supermarket, should change its name toDanish Supermarket A / S.

The Birth of BilkaIn 1970, the Danish Supermarket Group gave the Danes the first discount store in Denmark - Bilka.The first storewas located in Tilst, near Aarhus. After the opening of the store, there were more than 50.000 people visiting it everyday.At this point, the customers were becoming more and more price conscious. Some of them, even had extra freezersat their homes, so that they can buy more goods at the discount store.The idea for the creation of Bilka, came from Herman Salling's visit in West Germany. After that he managed toconvince his partner, the shipping magnate Maersk MC - Kiney Moller, that hypermarkets are the way forward.[3]

ChainsThe store chains owned by Dansk Supermarked are:• Netto - discount supermarkets• Føtex - large supermarkets (with many non food items)• Bilka - hypermarkets• Tøj & Sko - clothing and shoe stores• A-Z - non food only hypermarkets• Salling - department storesAs of 2007 the total number of stores was 1,171.[1]

Dansk Supermarked StoresStores and supermarkets in Denmark. [4]

Stores Type

2 Salling department stores

88 Føtex food stores [5]

17 Bilka stores

1 A-Z stores

37 Tøj & Sko Clothes & Shoe Shops

435 Netto stores, of which 45 are døgnNetto [6]

Dansk Supermarked A/S 20

References[1] Mærsk (http:/ / shareholders. maersk. com/ da/ FinancialReports/ 2007/ AnnualReport/ dk_04_04. htm)[2] Dansk Supermarket History(in Danish) (http:/ / www. dsg. dk/ da/ Hvem_er_vi/ Historie/ Pages/ historie. aspx)[3] Bilka Official Website (http:/ / www. bilka. dk/ Kundeservice/ Om-Bilka)[4] Dansk Supermarked - Numbers and facts (http:/ / www. dsg. dk/ da/ Hvem_er_vi/ Tal_og_fakta_om_DS/ Pages/ talogfakta. aspx)[5] Facts on Føtex (http:/ / www. dsg. dk/ da/ Kaederne/ foetex/ Pages/ Foetex. aspx)[6] About Netto (http:/ / www. netto. dk/ OmNetto/ Pages/ Om-Netto. aspx)

External links• Dansk Supermarked official website (http:/ / www. dsg. dk/ )• The history of Dansk Supermarked (http:/ / www. dsg. dk/ da/ Hvem_er_vi/ Historie/ Pages/ historie. aspx) -

From the Dansk Supermarked website

Danske Bank 21

Danske Bank

Danske Bank A/S

Type Publicly traded Aktieselskab (OMX: DANSKE [1])

Industry Financial services

Founded 1871

Headquarters Copenhagen, Denmark

Key people Ole Andersen (Chairman), Eivind Kolding (CEO)

Products Banking, insurance, investment management

Revenue DKK 43.38 billion (2011)[2]

Profit DKK 1.723 billion (2011)[2]

Total assets DKK 3.424 trillion (end 2011)[2]

Total equity DKK 125.86 billion (end 2011)[2]

Employees 21,320 (FTE, end 2011)[2]

Subsidiaries Fokus, National Irish Bank, Northern Bank, Sampo, Östgöta Enskilda

Website www.danskebank.com [3]

Danske Bank's headquarters in Kongens Nytorvin Copenhagen.

Danske Bank is a Danish bank. The name literally means "DanishBank" It was founded 5 October 1871 as Den Danske Landmandsbank,Hypothek- og Vexelbank i Kjøbenhavn (The Danish Farmers' Bank,Mortgage and Exchange Bank of Copenhagen).

Danske Bank has long been one of the largest banks in Denmark,roughly 30 percent market share, but after the acquisition of BG Banknow hold over 51 percent. Since the mid-1990s it has been expandingits operations outside of the country. In Norway it's known as FokusBank and in Sweden under a variety of brand names, including ÖstgötaEnskilda Bank. The reasons for this expansion are rooted in theincreasing deregulation and internationalization of the banking sector.

The Group was created out of several mergers, the first in 1990 with rivals Handelsbanken (not affiliated withpresent day Handelsbanken) and Provinsbanken. That was followed by the acquisition of Danica in 1995 (renamedDanica Pension) in 1999, and a merger with BG Bank and Realkredit Danmark in 2001. 2005 saw the purchase ofNorthern Bank in Northern Ireland and National Irish Bank in the Republic of Ireland from the National AustraliaBank, the Group's first retail operations outside Scandinavia. In 2006, Danske Bank bought the banking operations ofthe Finnish financial services group Sampo, which included retail banks in Finland, Latvia, Lithuania and Estonia,along with a corporate entity in Russia. The Group also maintains corporate service branches in Hamburg, Polandand London, and an outpost serving high net worth clients in Luxembourg.Danske runs all of its operations on a single IT platform, a competitive advantage since customers can quicklytransfer money between a number of countries with minimal fees.

Danske Bank 22

Danske Bank was number 236 on the Fortune Global 500 list for 2009, up from 238 in 2008.[4]

Local operationsThe Danske Bank group operates a number of local banks around the Nordic Region as well as in Northern Irelandand the Republic of Ireland, Outlined below are countries where the Danske Bank group runs retail operations [5]

Danske Bank•• Branches: 592•• Employees: 14,000•• Customers: ?•• Market Position: 1•• Market Share: 50.1%

Fokus Bank

•• Branches: 55•• Employees: 1100•• Customers: 225,000•• Market Position: 4•• Market Share: 5% (retail) 8% (corporate)

Sampo Bank

•• Branches: 17•• Employees: 593•• Customers: 141,000•• Market Position: 3•• Market Share: 9%

Danske Banka

•• Branches: 4•• Employees: 120•• Customers: 5,600•• Market Position: 14•• Market Share: N/A

Danske Bankas

•• Branches: 17•• Employees: 433•• Customers: 85,560•• Market Position: 4•• Market Share: 7.1%

National Irish Bank

•• Branches: 28•• Employees: 720•• Customers:167,000•• Market Position: 5•• Market Share: 4%

Danske Bank 23

Östgöta Enskilda Bank Trading as:•• Östgöta Enskilda Bank•• Bohusbanken•• Gävleborgs Provinsbank•• Hallands Provinsbank•• Närkes Provinsbank•• Skånes Provinsbank•• Smålandsbanken•• Sundsvallsbanken•• Sörmlands Provinsbank•• Upplandsbanken•• Värmlands Provinsbank•• Västmanlands Provinsbank•• Älvsborgs Provinsbank

•• Branches: 58•• Employees: 1200•• Customers: ?•• Market Position: 5•• Market Share: 7%

Sampo Bank

•• Branches: 125•• Employees: 3475•• Customers: 1.2 mio• Market Position: 3 private- & 2 corporate customers• Market Share: 15% private- & 20% corporate business

Northern Bank

•• Branches: 82•• Employees: 1845•• Customers: 415.000•• Market Position: 1-2 (in Northern Ireland)•• Market Share: 20% (in Northern Ireland)

References[1] http:/ / www. nasdaqomxnordic. com/ shares/ shareinformation?Instrument=CSE1586[2] "Annual Results 2010" (http:/ / www. danskebank. com/ en-uk/ ir/ Documents/ 2010/ Q4/ Companyannouncement-2010. pdf). Danske Bank. .

Retrieved 10 February 2011.[3] http:/ / www. danskebank. com/[4] "Fortune Global 500 (Denmark)" (http:/ / money. cnn. com/ magazines/ fortune/ global500/ 2009/ countries/ Denmark. html). Fortune. 2009. .

Retrieved 2009-07-13.[5] http:/ / www. danskebank. com/ en-uk/ ir/ the-group/ mergers-and-acquisitions/ Sampo-Bank-acquisition/ Pages/ IRSampoCombinedentity.

aspx | Danske Bank presentation of Sampo acquisition

External links• Official website (http:/ / www. danskebank. com)• Yahoo Finance (http:/ / finance. yahoo. com/ q?s=DANSKE. CO)

Article Sources and Contributors 24

Article Sources and ContributorsMaersk  Source: http://en.wikipedia.org/w/index.php?oldid=488560037  Contributors: 777sms, A218jkv, AFJ100, ANCJensen, Afroghost, Airwolf, Alansohn, Alvinying, AnOddName,Analoguedragon, Andonic, AndrewHowse, Angelbo, Annacbrun, Appraiser, Arch dude, Arrorro, Arsenikk, Babbage, Beagel, Bearcat, BioPizza, BoH, Bobrayner, Brianhe, Brick Thrower,Burgundavia, Bwiki, Bzorro, CanuckViking, Captain-n00dle, CarolGray, Caytruc, Ciphers, Cla68, ClausVind, ColdFusion650, Colonies Chris, Csh, DabMachine, Daniel Christensen, DavidBiddulph, Davidleeis14, Dawnseeker2000, DePiep, Diasimon2003, DocWatson42, Don G., Don-dk, Drbreznjev, Earth, EconomicsGuy, Edxpedia, Emerson7, Encyclopaedia Editing Dude,Europro, Excirial, Fatidiot1234, Fatla00, Florian Prischl, Frasdarrah, Fuhghettaboutit, Gammelby, Ginnie217, Glloq, Gr1st, Graham87, Grmbrand, Gsp, Haus, Henry79, Hestemand,Howrealisreal, I am neuron, Iridescent, It's-is-not-a-genitive, Jacksonian3623, Jamcib, Jawsdog, Jazzylevite, JePe, Jerryseinfeld, Jfurr1981, JohnnyMrNinja, Jonathan.holvey, Jpeeling, Kaare,Katrinka ohio, Kbdank71, Keallu, Keilana, Kilov, Kimchi.sg, Koavf, Krator, LG4761, Lakkasuo, Lamro, Larslars87, Liface, Lightmouse, Lindberg, Lumos3, MCC-Reno, Mandor.se, Manscher,Maralia, Mark83, MartinezMD, Matthew hk, Mdavidson98, Mean as custard, Meegs, Membender, Michael Hardy, Michel Tavir, Milad Zamani, Misterx2000, Mrwojo, Mulder1982, Mysid,Neckelmann, Nick Number, Noisy, Num1dgen, Ohms law, Ohnoitsjamie, Oliverdl, Omicronpersei8, Onceler, Orhanghazi, Ozymandias42, Patchfinder, Pcpirate16, Peregrine981, Pesco,Pigsonthewing, Pischdi Hufnagel, Pixi Uno, Plasma east, Plasticup, Plot Spoiler, Prodego, RJBose, RScheiber, RaGaEy, Rafuki 33, Ratarsed, Raventhemaven, Rejedef, RenniePet, RichFarmbrough, Rjwilmsi, Rl, Russavia, SDC, SN74LS00, Saddhiyama, Sansonic, Seaman2000, Seb35, Shawnc, Shawnmcf, Sherool, Shipid, Sir Tanx, SlackerMom, Sowen, Spoonkymonkey,Stavros1, Stefanomione, Storbyen, Suriel1981, TGCP, TastyPoutine, Tesscass, Tgeairn, The wub, Therealmorris, Thue, Tom harrison, Tpbradbury, Tricota30, Uncle Dick, UnitedStatesian,Valentinian, Vejvančický, Venske, Voeck, Whiskey Pete, WhisperToMe, Whoasuckaa, WikiDon, Wildwildrice, William Allen Simpson, William Grimes, Wongm, Woohookitty, Xnatedawgx,Xtrememachineuk, Ysangkok, Zackaback, Zerak-Tul, 702 anonymous edits

History of Maersk  Source: http://en.wikipedia.org/w/index.php?oldid=487648652  Contributors: Arch dude, Babbage, Bearcat, Bobrayner, Bozzor, Gabbe, Haus, Hmains, Loukinho, Mdw0,Mjroots, Ohconfucius, Rejectwater, RenniePet, Rjwilmsi, Viliyana89, 3 anonymous edits

Maersk Oil  Source: http://en.wikipedia.org/w/index.php?oldid=486069968  Contributors: Beagel, Philaweb, SwisterTwister, 3 anonymous edits

Dansk Supermarked A/S  Source: http://en.wikipedia.org/w/index.php?oldid=486711045  Contributors: Aezay, AndrewHowse, Carabinieri, Doco, Don G., Grm wnr, Honbicot, LilHelpa, Lmatt,Lyuben88, Patchfinder, Pischdi Hufnagel, Pjb007, Povlhp, Prodego, Ramblersen, Rjwilmsi, Ser Amantio di Nicolao, Thomas81, Thue, Tricota30, Twthmoses, Valentinian, Verkhovensky,Wonx2150, 14 anonymous edits

Danske Bank  Source: http://en.wikipedia.org/w/index.php?oldid=478047396  Contributors: ,,n, Andreas Akerman, Antonio1990, Avala, Carabinieri, Christian List, Deutsch Fetisch, Djegan,DocendoDiscimus, Electricnet, Fennessy, Gilliam, Gr1st, Greenshed, Grm wnr, Ian3055, Inwind, Jaraalbe, Mais oui!, MartinDK, NotMuchToSay, Patchfinder, Peregrine981, Peter L, Rjwilmsi,SEANBROSNAN, Sam Hocevar, Sanneseyer, Sertmann, Shawnc, Silvernean, The wub, TheFreeloader, Thrór, Thue, Twthmoses, Vegaswikian, 66 anonymous edits

Image Sources, Licenses and Contributors 25

Image Sources, Licenses and ContributorsFile:Maersk Headquarter Copenhagen 2005.jpg  Source: http://en.wikipedia.org/w/index.php?title=File:Maersk_Headquarter_Copenhagen_2005.jpg  License: GNU Free DocumentationLicense  Contributors: User:HansjornFile:Maersk kalamata seattle 20101127.jpg  Source: http://en.wikipedia.org/w/index.php?title=File:Maersk_kalamata_seattle_20101127.jpg  License: Creative Commons Attribution-Sharealike3.0  Contributors: Ozymandias42File:Eleonora Maersk DCT 3.JPG  Source: http://en.wikipedia.org/w/index.php?title=File:Eleonora_Maersk_DCT_3.JPG  License: unknown  Contributors: Łukasz GolowanowFile:APM Terminals WJ Grimes.JPG  Source: http://en.wikipedia.org/w/index.php?title=File:APM_Terminals_WJ_Grimes.JPG  License: Public domain  Contributors: William GrimesFile:SwitzerBust.jpg  Source: http://en.wikipedia.org/w/index.php?title=File:SwitzerBust.jpg  License: Creative Commons Attribution-Sharealike 3.0,2.5,2.0,1.0  Contributors: Niels ElgaardLarsenFile:Maersk Alabama, seen by P-3C Orion.jpg  Source: http://en.wikipedia.org/w/index.php?title=File:Maersk_Alabama,_seen_by_P-3C_Orion.jpg  License: Public Domain  Contributors: USNavyImage:Maersk Headquarter Copenhagen 2005.jpg  Source: http://en.wikipedia.org/w/index.php?title=File:Maersk_Headquarter_Copenhagen_2005.jpg  License: GNU Free DocumentationLicense  Contributors: User:HansjornImage:MaerskMykonos.jpg  Source: http://en.wikipedia.org/w/index.php?title=File:MaerskMykonos.jpg  License: GNU Free Documentation License  Contributors: Doclecter, Garitzko,GeorgHH, Gepardenforellenfischer, JePe, Korrigan, Mattes, Stunteltje, Tvabutzku1234, 1 anonymous editsImage:Maersk.jpg  Source: http://en.wikipedia.org/w/index.php?title=File:Maersk.jpg  License: GNU Free Documentation License  Contributors: Original uploader was Peregrine981 aten.wikipediaImage:Maersk 53'container.jpg  Source: http://en.wikipedia.org/w/index.php?title=File:Maersk_53'container.jpg  License: Public Domain  Contributors: Bkell, Jncraton,MakeChooChooGoNow, William GrimesImage:Maersk-containerskib.jpg  Source: http://en.wikipedia.org/w/index.php?title=File:Maersk-containerskib.jpg  License: Creative Commons Attribution-ShareAlike 3.0 Unported Contributors: User:Nico-dk/Nils JepsenImage:2006-03-xx Containerschiff vor der Volkswerft Stralsund.jpg  Source: http://en.wikipedia.org/w/index.php?title=File:2006-03-xx_Containerschiff_vor_der_Volkswerft_Stralsund.jpg License: Creative Commons Attribution-Sharealike 2.5  Contributors: Epolk, JePe, Klugschnacker, MB-one, Stunteltje, Thuresson, 1 anonymous editsFile:Dansk-Supermarked-logo.jpg  Source: http://en.wikipedia.org/w/index.php?title=File:Dansk-Supermarked-logo.jpg  License: Creative Commons Attribution-Sharealike 3.0  Contributors:Dansk SupermarkedImage:Danske Bank logo.svg  Source: http://en.wikipedia.org/w/index.php?title=File:Danske_Bank_logo.svg  License: Public Domain  Contributors: Danske Bank. Original uploader wasElectricnet at en.wikipediaImage:Danske Bank.jpg  Source: http://en.wikipedia.org/w/index.php?title=File:Danske_Bank.jpg  License: unknown  Contributors: G®iffen, Mahlum, Nillerdk, Peregrine981, UrbandwellerFile:Flag of Denmark.svg  Source: http://en.wikipedia.org/w/index.php?title=File:Flag_of_Denmark.svg  License: Public Domain  Contributors: User:MaddenFile:Flag of Norway.svg  Source: http://en.wikipedia.org/w/index.php?title=File:Flag_of_Norway.svg  License: Public Domain  Contributors: DbenbennFile:Flag of Estonia.svg  Source: http://en.wikipedia.org/w/index.php?title=File:Flag_of_Estonia.svg  License: Public Domain  Contributors: Originally drawn by User:SKopp. Blue colourchanged by User:PeepP to match the image at .File:Flag of Latvia.svg  Source: http://en.wikipedia.org/w/index.php?title=File:Flag_of_Latvia.svg  License: Public Domain  Contributors: User:SKoppFile:Flag of Lithuania.svg  Source: http://en.wikipedia.org/w/index.php?title=File:Flag_of_Lithuania.svg  License: Public Domain  Contributors: User:SKoppFile:Flag of Ireland.svg  Source: http://en.wikipedia.org/w/index.php?title=File:Flag_of_Ireland.svg  License: Public Domain  Contributors: User:SKoppFile:Flag of Sweden.svg  Source: http://en.wikipedia.org/w/index.php?title=File:Flag_of_Sweden.svg  License: Public Domain  Contributors: AnomieFile:Flag of Finland.svg  Source: http://en.wikipedia.org/w/index.php?title=File:Flag_of_Finland.svg  License: Public Domain  Contributors: Drawn by User:SKoppFile:Flag of the United Kingdom.svg  Source: http://en.wikipedia.org/w/index.php?title=File:Flag_of_the_United_Kingdom.svg  License: Public Domain  Contributors: Anomie, Mifter

License 26

LicenseCreative Commons Attribution-Share Alike 3.0 Unported//creativecommons.org/licenses/by-sa/3.0/