On 20 September 2017, A.P. Møller - Mærsk A/S (APMM) announced that the Company had entered an agreement to sell its shares in Maersk Tankers A/S to APMH Invest A/S.

“The sale has been completed and the shares in Maersk Tankers A/S have been transferred to APMH Invest A/S,” the Company announced yesterday.

Sale of Maersk Tankers AS completed
Caption: Chemical/Oil Products TankerMaersk Tangier - Image courtesy of Maersk

As previously stated the accounting impact of the transaction will be immaterial and will have no impact on APMM’s financial guidance for 2017.

Related news: A.P. Møller Holding AS to acquire Maersk Tankers AS

Source: Maersk Tankers