COPENHAGEN: The world’s biggest shipping company is taking advantage of low industry prices to build its business across units.
A.P. Moeller-Maersk A/S (APM) unveiled its latest venture on Thursday, when its APM Terminals unit said it will invest 758 million euros in a Moroccan port facility.
That follows the closing earlier this month of the unit’s US$1 billion acquisition of a Spanish rival, and an almost US$1 billion deal in Mexico.