Contents

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

References
Article Sources and Contributors Image Sources, Licenses and Contributors 24 25

Article Licenses
License 26

Maersk

Maersk
A.P. Mller Mrsk A/S
Type Traded as Industry Founded Headquarters Key people Publicly traded aktieselskab OMX:MAERSK A Conglomerate 1904 Copenhagen, Denmark Nils Smedegaard Andersen (CEO) Michael Pram Rasmussen (Chairman) Container shipping and terminals, ferry and tanker transport, semi-submersible drilling rigs and FPSOs, oil and gas exploration and production, shipyards, store retail DKK 315.40 billion (2010) DKK 59.65 billion (2010) [3] [1] , MAERSK B [2]

Products

Revenue Operating income Profit Total assets Total equity Employees Website

[3]

DKK 26.46 billion (2010)

[3] [3] [3]

DKK 374.72 billion (end 2010) DKK 192.96 billion (end 2010) 108,110 (average, 2010) www.maersk.com [4] [3]

A.P. Moller Maersk Group (Danish: A.P. Mller Mrsk Gruppen), also known as Maersk (Danish: Mrsk), is a Danish business conglomerate.[5] A.P. Moller Maersk Group has activities in a variety of business sectors, primarily within the transportation and energy sectors. It is the largest container ship operator and supply vessel 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 and around 108,000 employees.[3] It ranked 147 on the Fortune Global 500 list for 2010, down from 106 in 2009.[9]
Maersk head office

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

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

The meaning and origin of the Maersk Group logo

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

Business areas
A.P. Moller Maersk's activities are organised into four main business segments: Container shipping and related activities; APM Terminals; Tankers, offshore and other shipping activities; Oil and gas activities; Retail activity; and Shipyards, 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 almost half of the group's revenue in 2008. It comprises worldwide container services, logistics and forwarding solutions and terminal activities under the brand names: Maersk Line, Safmarine and Damco.[11] Since 1996, Mrsk is the largest container shipping company in the world.[7] Maersk Line The largest operating unit in A.P. Moller Maersk by revenue and staff (around 22,000 employees) is Maersk Line. Involved in global liner shipping services, Maersk Line operates over 550 vessels and has a capacity of 2.2 million[12] TEU (Twenty-foot Equivalent Units). It is currently the largest container shipping company in the world. Maersk Line took delivery of 26 owned vessel in 2008.[11]

The Mrsk Kalamata

In 2006, the largest container ship in the world to date, the E-class vessel Emma Maersk, was delivered to Maersk Line from Odense Steel Shipyard.[13] Seven other sisterships have since been built, and on 21 February 2011, Maersk ordered 10 even larger container ships from Daewoo, the Eleonora Mrsk, one of the E-class vessels Triple E class, each with a capacity of 18,000 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 Triple E class); that backlog is larger than the existing fleet of the fourth-largest line, Evergreen Line.[7]

Maersk Maersk Line is cooperating with the US Navy on testing 7-100% algae biofuel on the Maersk Kalmar in December 2011.[17][18] On December 19, 2011, it was announced that Sren Skou will take over as CEO of Maersk Line from Eivind Kolding, 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. Mller Mrsk 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 as Maersk Logistics and Damco.[11] Damco is involved in supply chain management and freight forwarding solutions all over the world. Damco has 10,500 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-flag vessels 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 a relatively small number of vessels focused on handling commercial and US Government-subsidised cargoes, MLL's fleet of vessels engaged in commercial liner services.

Maersk Other Maersk Container Industry A/S: Container manufacturing with factories in China (Dongguan and Qingdao) and headquarters 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
A.P. Moller Maersk's independent APM Terminals business unit with its separate headquarters in The Hague, Netherlands, operates a Global Port, Terminal and Inland Services Network with interests in 56 ports and container terminals in 36 countries on five continents, as well as 155 Inland Services operations in 47 countries. Port and Terminal Operations include: Europe: Algeciras, Aarhus, Bremerhaven, Gioia Tauro, Gothenburg, Le Havre, Oslo, Portsmouth, Poti, Rotterdam, Zeebrugge. North America: Charleston (Stevedoring operations), 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
APM Terminals at Portsmouth, Virginia, USA

Tankers, offshore and other shipping activities

Tankers, offshore and other shipping activities" was responsible for 8.8% of Maersk's revenue in 2008, and posted 25% 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 Tankers
Maersk Tankers is involved in transportation of oil and gas product, among others. As of July 2009, Maersk Tankers operates 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 the 1989 Exxon Valdez oil spill and other serious oil spills.[21] Since 2009, the company (along with other operators) has used 'slow steaming'; reducing speed to minimize fuel consumption and decrease yearly capacity.[23]

Maersk

Maersk Drilling
Maersk Drilling is involved in drilling activities all over the world. They service a number of oil and gas companies with 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 Service

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

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

Other
37.5% ownership share of Hegh Autoliners: By the end of 2008, Hegh Autoliners operated 67 car carriers with a transported volume of 1.9 million car units annually.[11]

Oil and gas activities

Maersk Oil (Danish: Mrsk Olie og Gas A/S) was established in 1962 when Maersk was awarded a concession for oil and gas exploration and production in the Danish sector of the North Sea.[10] Today, Maersk Oil is engaged in exploration for and production of oil and gas in many parts of the world.[11] Total oil production is more than 600,000 barrels per day (95,000m/d) and gas production is up to some 1 billion cubic feet (28,000,000m3) per day. Most of this production is from the North Sea, from both the Danish and British sectors, but there is also production in offshore Qatar, in Algeria and in Kazakhstan. In addition to the above-mentioned producing sites, Maersk Oil is involved in exploration activities in Danish, British, Dutch and Norwegian sectors of the North Sea, 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 via membership in a consortium. The company prides itself for having developed production techniques especially suited to difficult environments (North Sea, etc.) and for drilling techniques that succeed in extracting oil from problematic underground conditions.
bust in Copenhagen

Maersk Oil has been preliminarily awarded two new exploration licenses, PL472 and PL474, in Norway's latest licensing 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

Retail activity
Dansk Supermarked Group: Commercial retail and supermarkets: Bilka (hypermarkets), Ftex (quality supermarkets), F. Salling (department stores) and Netto (discount supermarket).[11]

Other activities
Maersk Training
Maersk Training provides specialist training to specific industries. The 2010 merger of Maersk Training Centre and Svitzer Safety Services broadened a portfolio of courses to exploit the maritime, oil & gas, terminals and wind power industries. With centres in Svendborg and Esbjerg in Denmark, the MT Group global locations include Aberdeen and Newcastle 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.

Rosti
Production of plastic-based products

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

Danske Bank
A.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]

MISE
Maersk International Shipping Education (M.I.S.E.) was the two year management trainee program constituted to 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 an intensive education. The program combined practical and theoretical education across all major divisions of the group 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 specific entry level programmes. In autumn in 2009 Maersk Line launches a new graduate programme called the Maersk Line Graduate Programme (M.L.G.P) [25].

Maersk

Piracy
On the morning of April 8, 2009 the 17,000-ton MV Maersk Alabama was en route to Mombasa, Kenya, when it was hijacked by pirates off the Somali coast. The company confirmed that the U.S.-flagged vessel had 20 U.S. nationals onboard. This was the first time that the US had to deal with a situation in which Americans were aboard a ship seized by pirates in over 200 years. By noon, the Americans were able to resist the pirates and regain control of the ship. However, the pirates retreated on a covered life Maersk Alabama as seen from a P-3C Orion Aircraft boat and held the captain hostage for four days. On April 12, 2009, during its 2009 hijacking. it was confirmed that the captain held hostage was freed by the US Navy, where SEAL sharpshooters killed three of the pirates. A fourth pirate surrendered earlier due to a medical injury. 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 the Suez Canal.[27]

Controversy
Labor practices
Trade 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 include excessively long shifts, minimal wages and the repression of freedom of association by running union-busting campaigns, 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 Maersk facilities in Dongguan and Qingdao, China. In January and May 2008, respectively, two riots reportedly broke out amongst workers at the Maersk plant in Dongguan in protest of poor working conditions and employment terms. In April 2011, Globalization Monitor stated, "Maersk's plants in China are still far from satisfactory as long as labor and human rights are concerned."[30] This although Danish news articles already in November 2009 brought results from a report made by an external work environment consultant Crecea which stated that the environment on the Maersk factory in Dongguan was above average in China. [31]

Overcharging allegations
In response to a complaint from whistleblower Jerry H. Brown II, the US Government filed suit against Maersk for overcharging for shipments to US forces fighting in Iraq and Afghanistan. In a settlement announced on 3 January 2012, the company agreed to pay $31.9 million in fines and interest, but made no admission of wrongdoing. Brown was entitled to $3.6 million of the settlement.[32]

Business with Iran

In 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 of commercial cargo to Sudan and Iran between January 2003 and October 2007. Maersk could have been fined more than 60 million dollars.[33]

Maersk Following the U.S. blacklisting of Tidewater Middle East Co., a major Iranian port operator with suspected ties to the Islamic Revolutionary Guard Corps (IRGC), Maersk suspended operations at several Iranian ports in June 2011 in order to comply with U.S. sanctions.[34] In July 2010, the advocacy group United Against Nuclear Iran originally highlighted 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. Mller - Mrsk. . Retrieved 23 February 2011. [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. Mller - Mrsk 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, Sren (2008). "Chapter 1: Hr. Mller". Hr. Mller - rets gang i A.P Mller-Mrsk. documentas. pp.22-23. ISBN978-87-7063-054-2. [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. . Retrieved 2009-07-20. [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 Mrsk Triple-E (http:/ / www. worldslargestship. com/ ) [16] Mrsk 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: "Sren 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. . Retrieved 2007-12-25. [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) Brsen, 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
[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] "Mrsk rydder op i arbejdsmiljet 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 July 2011. [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, Bjrn Lamnek and Stig rskov: Mrsk manden og magten, Politiken Bger, 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 kbmnd, Gyldendal, 2000 ("The Merchants of War", in Danish)

External links
Official website (http://www.maersk.com) Maersk companies (http://opencorporates.com/corporate_groupings/Maersk) grouped at OpenCorporates A.P. Mller Mrsk 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 Maersk
The A. P. Moller-Maersk Group (Danish: A.P. Mller-Mrsk Gruppen) is an international business conglomerate more commonly known simply as Maersk.[1] This article focuses on the history of the company. The beginnings of the A.P. Mller-Mrsk Group was the shipping company Dampskibsselskabet Svendborg, founded by captain Peter Mrsk-Mller and his son Arnold Peter Mller (2 October 1876 - June 1965) in Svendborg, 1904. A.P. Mller had four children, one of whom was Mrsk Mc-Kinney Mller. In 1939, he became a partner in the company. Following the death of A.P. Mller in June 1965, Mc-Kinney Mller became CEO of the company and held this post until 1993, when he was succeeded by Jess Sderberg. Beginning in 1965, Mrsk Mc-Kinney Mller also served as company chairman and did not relinquish this position until December 2003 (when he was 90 years old). He was still one of the "managing owners" of the company at the time of his death and was chairman of Odense Steel Shipyard until 2 May 2006.

1886 - 1945: Beginnings to World War II

1886: Captain Peter Mrsk-Mller buys his first steamship, the British-built S.S. Laura. 1904: The Steamship Company Svendborg is founded by Captain Peter Mrsk-Mller and Arnold Peter Mller. The company's first ship was the British-built 2,200 tdw cargo steamer Svendborg. 1912: Steamship Company of 1912 is founded by A.P. Mller. 1918-1919: A.P. Mller builds his own shipyard, the Odense Mrsk global headquarters, located in Copenhagen, Denmark. Staalskibsvaerft near the Odense Canal 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 Mrsk. 1921: Odense Yard delivers its first diesel powered vessel Leise Mrsk to A.P. Mller. 1926: A.P. Mller enters into the tanker business and orders 5 motor tankers with 8,100 and 11,200 tdw. 1928: A.P. Mller begins the first liner service under the Name Mrsk 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. Mller gets its first tanker, the 11.200 tdw motor tanker Emma Mrsk, built by Burmeister & Wain, Copenhagen. March 1928: Odense Yard builds its first tanker, the 8,000 tdw M.T. Anna Mrsk. 1930: A.P. Mller 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: Mrsk Line gets the 9,000 tdw cargo motorship Nora Mrsk from Odense Yard, but after 2 years of service it sinks due to a fire in Indonesia. Dec. 1936: The 16,500 tdw motortanker Eleonora Mrsk is delivered from the Deutsche Werft, Hamburg-Finkenwerder and is the biggest ship of the Mrsk fleet and also the largest single-crew motorship in the world.

History of Maersk 1936: With the M.S. Francine, A.P. Mller gets from Odense yard its first reefer vessel. It is chartered to the J. Lauritzen Company, Denmark. 1937: Mrsk Line receives two 9,000 tdw motor cargo ships from Bremer Vulkan. The vessels are named Marchen Mrsk and Grete Mrsk. 1937: Odense Yard delivers two 7,000 tdw white-painted hull cargoships Gudrun Mrsk and Robert Mrsk with reefer capacity. Feb. 1939: Odense Yard delivers the 9,200 tdw M.S. Laura Mrsk the largest cargo ship to the Mrsk fleet. Sept. 1939: At the beginning of World War II, A.P. Mller is the second largest shipping company in Denmark with a total of 46 ships. April 1940: On 8 April 1940, A.P. Mller issues Permanent Special Instruction One to the 36 Mrsk ships on the high seas. Should Denmark become involved in war, all ships were to report directly to the New York office and follow 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 same day. On 24 April, Mrsk Mc-Kinney Mller is made a partner in the company, and on 26 April he and his wife leave Denmark. Mrsk Mc-Kinney Mller manages the New York office throughout World War II. June 1941: The United States takes control of foreign ships and the Mrsk fleet serves in the US Navy for the rest of the war. More than half of the Mrsk fleet is lost during the war. 10 May 1943: The Riffelsyndikatet company is sabotaged by members of the Danish resistance. A.P. Mller travels personally to Stockholm and requests of Danish newspaper Politiken's correspondent that he "tells London to 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 Riffelsyndikatet and detonate a charge which prevents the resumption of production for the remainder of World War II .

11

1945 - 1965: Reconstruction following World War II

June 1945: Mrsk'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: Vrnemagerlovene) III and IV are passed by the Danish Folketing. They demand that profits earned by companies dealing with Germany during the occupation and judged to be excessive, be paid back to the state. Riffelsyndikatet, and other A. P Mller-owned shipping and industrial companies such as the still extant Odense Steel Shipyard and the Bukh Motor Works are fined a total of approximately 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. Mrsk also takes over several US war-built ships of the U.S. Liberty and C-1 class and German-designed "Hansa A" and "Hansa B" class. 1953: Chastine Mrsk becomes the first of 13 motor ships in a new fast cargo ship class. The Mrsk fleet now has the same size as it had before World War II. 1954: The turbine tanker Regina Mrsk is launched, setting a new size-record for the Odense Yard. It is also the first Mrsk vessel with a blue-painted hull. 1956: The S.S. Hans Mrsk (built 1916) is sold after 40 years of service in the Mrsk fleet. 1959: The newly constructed Odense Lind Yard, located in Munkebo around 10km 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 Lind are five 50,000 tdw turbine tankers produced for Standard Oil of California and three for the Mrsk Line. Until 1977, the Yard mostly produced 100,000 tdw tankers. From 1968, 200,000 and 250,000 tdw tankers are produced, from 1971 280,000 tdw tankers, and ultimately 330,000 tdw tankers are produced as well. 1962: The Danish government grants A.P. Mller 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, Mrsk Olie og Gas A/S, is later

History of Maersk founded. 1962 - 1963: Three ships of the Trein Mrsk-class enters service. At the time, they were the company's largest cargo liners. 1964: Dansk Supermarked A/S is founded. 1965: A.P. Mller's Odense Yard produces its first product tankers Dangulf Mrsk and Svengulf Mrsk.

12

1965 - 1993: Mrsk Mc-Kinney Mller takes the helm

1966: The Bulkcarrier Laura Mrsk (yard no. 177) is the last ship produced at the old Odense Yard. The old yard is closed. 1967: A.P. Mller produces its first supply vessel, Mrsk Supplier. 1967 : The Odense Lind 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 container ships. Nov. 1967 - 1969: Mrsk Line produces the last class of seven fast conventional motor cargo vessels, the Cecilie Mrsk-class. At test runs, they reach a maximum of 26 knots. They are used in the Europe-Far East service and in the Trans-Pacific service. In 1974, they are converted to semi-container ships, and following a large modification programme, as full container ships in 1980. 1968: Odense Lind Yard builds its first 200,000 tdw tanker, Dirch Mrsk. 1969: Maersk Air is founded and begins operations the following year. July 1971: Odense Yard produces the 283,000 tdw turbine tanker Regina Mrsk, the biggest ship in Europe. 1972: The first gas tanker for A.P. Mller, Inge Mrsk enters service. 1973: Mrsk Line adds its first container ship to the fleet, the Japanese-constructed Svendborg Mrsk (1,800twenty-foot equivalent units(TEU)). July 1974: Odense Yard builds the turbine tanker Kristine Mrsk (330,000 tdw), the biggest tanker in Europe. Six more vessels of this class are built for A.P. Mller until 1977. Aug. 1975-1976: Mrsk Line receives nine fast single screw 1,200TEU turbine container ships, the Adrian Mrsk-class, from the German shipyards Blohm & Voss (Hamburg) and Flenderwerft (Lbeck) for use in the trans-Pacific service. They are designed by United Ship Design & Development Centre in Taiwan. April 1979: Construction of the new company headquarters at Esplanaden is completed. 1980: Six Odense built RORO-container ships (Elisabeth Mrsk-class) are added to the Mrsk fleet. January 1981: Mrsk Line opens its own container service on the Europe-Far East route with the first container ship built at Odense Yard, Laura Mrsk (2,000TEU). Ten sister ships join the fleet until 1985. 1988: A.P. Mller opens a container factory in Tinglev, Denmark. 1988: Mrsk begins a trans-Atlantic container service. April 1988: Odense Yard produces the Marchen Mrsk (4,300TEU), the largest containership of the world. Eleven more ships are built between 1988 and 1991.
M-class vessel "Maersk Mykonos" at NTB Bremerhaven, July 2006

History of Maersk 1989: Mrsk Line introduces the 45' container as a third standard container size. 1991-1996: Mrsk and P & O begin a joined global container service. 1992: The first large gas carrier Inger Mrsk (80,000 cbm) is added to the fleet. Dec. 1992: Odense Yard produces the world's first double-hull 300,000 tdw tanker, Eleo Mrsk. Until 1995, 5 sister ships are produced for Mrsk Line and 3 additional for Saudi Arabian VELA.

13

1993 - 1999: Bigger and bigger

March 1993: Mrsk Line takes over the EacBen Container Line Ltd. with 9 large container ships. It becomes the largest container line in the world. Dec. 1995: Hyundai H.I., Ulsan delivers the 4,300TEU Panamax container ship Dragr Mrsk, the first of a series of 16 ships for Mrsk Line. Jan. 1996: The world's largest container ship, Regina Mrsk, is delivered from Odense Yard and enters the Europe - Far East liner service. At this time it holds many records: first ship over 6,000TEU Mrsk Sealand 40' Containers capacity, with a length of 318.2 meters, it is the first container ship over 300 meters; first with 42.80 m breadth and first over 80,000 BRZ and tdw. May 1996: The Mrsk cooperation of the liner service with P&O is ended and a new global containerservice with Sealand Corporation is started. Sept. 1997: Odense Yard delivers Sovereign Maersk, the world's first 8,000TEU and over 100,000 tdw container ship to the Mrsk fleet. It is also 346 meters long; the longest ship in the world at that time. January 31, 1998: A.P. Mller Group acquires the Volkswerft in Stralsund (Germany) from the German Treuhand for 25 million dollars. The yard is completely modernized, including a large shipbuilding hall and a 230 m (now 275 m length) ship lift to launch the ships. Container ships (2,500 class) are produced for the Mrsk fleet. They have a size of 2,900-3,000TEU. Supply vessels and cable-laying vessels are also produced. February 1999: Mrsk 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 at Guangzhou Shipyard International.

History of Maersk

14

1999 - 2005: Mrsk-Sealand

November 1999: Mrsk buys container shipper Sea-Land Corporation with 70 vessels, container terminals and liner service from the CSX Corporation. The new name of the shipping company is Mrsk Sealand. June 2001: Mrsk buys the Dutch Smit-Wijsmller salvage company (including the Esbjerg, Denmark based ESVAGT company) over its subsidiary company A/S Em Z. Svitzer with more than 250 vessels (tugs, barges, offshore and other vessels). The Mrsk group now operates the world's largest fleet of salvage and offshore vessels.

Maersk Sealand container on a trailer

September 2002: Mrsk takes over the shipping liner activities of the Danish shipping company Dampskibsselskabet TORM, which sails from the United States to the Gulf and from the Eastern seaboard of the United States to the west coast of Africa. Within the Mrsk group, the routes are now operated by Safmarine. 2003: The two holding companies Dampskibsselskabet Svendborg A/S and Dampskibsselskabet af 1912 A/S are merged to A.P. Mller-Mrsk A/S. March 2003: Odense Yard produces Axel Mrsk, at the time, the world's biggest and longest container ship. It also has the world's largest cargo capacity. It is the first container ship with 352 m Loa. Its width is 42.80 m, it carries 109,000 tdw, with a 12-cylinder HSD-Wrtsil Sulzer diesel engine, developing 63,000kW at 100 revolutions per minute equivalent to 85,500 BHP. Five sister ships are built between 2003-2004 (Anna Mrsk, Arnold Mrsk, Arthur Mrsk, Adrian Mrsk, and Albert Mrsk). April 2004 : The first LNG-carrier (120,000 cbm) with the name Mrsk Las Raffan from Samsung Heavy Ind. South Korean enters the Mrsk fleet. A sister ship is ordered for 2006. May - Oct. 2004: Volkswerft builds three containerships of each 2100TEU 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, Mrsk made a net profit of DKK 18.4 billion (USD 3.1 billion). It is listed on the KFX-index of the Copenhagen Stock Exchange. 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 Mrsk Group for ten years.

History of Maersk

15

2005 - present
11 May 2005: Mrsk announces plans to purchase the rival shipping company P&O Nedlloyd for 2.3 billion euros (USD 2.96 billion). Some analysts believe the purchase is inspired by the undercapacity in the world container market. World trade is currently growing faster than ships are being built. By buying another large company, Mrsk will be able to expand its capacity by a third. With this purchase, Mrsk will be by far the largest single shipping company and the largest container line in the world with more than 550 vessels. From 11 May to 24 June 2005, Mrsk acquired 19.4% of Royal P&O Nedlloyd stocks. June, 2005: Odense Yard produces the Gudrun Mrsk for the Mrsk fleet, again setting a world record for biggest and longest container ship. It will serve on the EuropeFar East liner service.

9500TEU container ship Gunvor Mrsk of the Gudrun Maersk class

Mrsk Boston before sea trials at Volkswerft Stralsund

29 June 2005: P&O sells its last 25% share of Nedlloyd stocks to A.P. Mller and the two Scandinavian banks Danske Bank and Nordea. 29 June 2005: A.P. Mller subsidiary Norfolkline acquires the Irish sea ferry operator Norse Merchant Ferries with 9 ships. 30 June 2005: A.P. Mller-Mrsk agrees to sell Maersk Air to Fons Eignarhaldsflag, Iceland. 11 August 2005: A.P. Mller-Mrsk announces that the purchase of Royal P&O Nedlloyd N.V. has been completed. The company will be merged with Mrsk-Sealand. Royal P&O Nedlloyd has a fleet of 162 container vessels with 460,203TEU. From February 2006, the new company will be named Mrsk Line. P&O Nedlloyd Logistics and Mrsk Logistics will be merged under the name Mrsk Logistics. May 2006: The Volkswerft Stralsund delivers the first of a series of seven very fast 29 kn 4250TEU Panamax Container ship, the Maersk Boston. 12 August 2006: Maersk again breaks the world record for largest container ship with the 11,000TEU Emma Mrsk built at Odense Steel Shipyard. 3 March 2007: Evelyn Mrsk launched, joining sister ships Emma Mrsk, Elly Mrsk, Eleonora Mrsk, and Estelle Mrsk.[6] 8 January 2008: Maersk Line, the container shipping division of the A.P. Moller - Maersk Group, announces details of its new streamLINE strategy to drive the turnaround of the business and return to sustainable profitability. There will be a reduction of 2-3,000 positions worldwide, along with a reduction in the number of regional organizations.

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

16

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] Mrsk manden og magten, p. 96 [3] Mrsk manden og magten, p. 98 [4] Mrsk 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 Oil Mrsk Olie og Gas A/S
Type Industry Founded Founder(s) private oil and gas industry 1962 A. P. Moller-Maersk Group

Headquarters Copenhagen, Denmark Products petroleum natural gas A. P. Moller-Maersk Group www.maerskoil.com [1]

Parent Website

Maersk Oil (Danish: Mrsk Olie og Gas A/S) is a Danish oil and gas company owned by the A. P. Moller-Maersk Group. The company was established in 1962 when Maersk Group was awarded a concession for oil and gas exploration and production in the Danish sector of the North Sea. In 1986, Maersk Oil took over operatorship of the Dansk 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 via membership in consortiums. Total oil production is more than 600000 barrels per day (unknown operator: u'strong' m3/d) and gas production is up to some 1 billion cubic feet per day (unknown operator: u'strong'106m3/d). Most of this production is from the North Sea, from both the Danish and British sectors, but there is also production in offshore Qatar, in Algeria, in Kazakhstan and in Turkmenistan. Maersk Oil has been preliminarily awarded two new exploration licenses, PL472 and PL474, in Norway's latest licensing 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. Mller and the Danish oil (http:/ / books. google. com/ books?id=rHY4yEBHPEQC& pg=PA217). Schultz Forlag. p.217. ISBN9788760904653. .

Dansk Supermarked A/S

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Dansk Supermarked A/S

Dansk Supermarked

Type Industry Founded Founder(s)

Private shareholder company Retail 1964 Herman Salling

Headquarters Hjbjerg, Denmark Key people Revenue Net income Owner(s) Employees Subsidiaries Website Erling Jensen, president and CEO 7.560 billion EUR (2007) 270 million EUR (2007) [1]

[1]

A.P. Moller-Maersk Group. / F. Salling A/S 43.000 (2010) Netto, Ftex, Bilka, A-Z, Tj&Sko, Salling http:/ / www. dsg. dk/

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

Early History
The Danish Supermarket was built on the foundation of the Salling Department Store Department Store, created in 1906 by Ferdinand Salling. He worked there until his death in 1953 and he managed to transform his company into public 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 search for inspiration and new ideas. After that he decided to focus on department stores, supermarkets and hypermarkets chains. In 1960, Herman Salling opened his first store Ftex, which was a completely new type of store for Denmark. The idea behind that store was to provide both food and textiles under one roof.[2] Despite, the fact that Ftex is the oldest store in the Dansk Supermarket Group, it has never stopped growing. In 2007, the company decided to open a Ftex Food store, which will offer only quality food and in 2009 the first store was opened in the intersection of Aarhus, Aalborg and Hasseris. Today, there are 6 Ftex Food stores all over Denmark.

Dansk Supermarked A/S

19

A.P. Mller Enters Dansk Supermarked

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

The Birth of Bilka

In 1970, the Danish Supermarket Group gave the Danes the first discount store in Denmark - Bilka.The first store was located in Tilst, near Aarhus. After the opening of the store, there were more than 50.000 people visiting it every day. At this point, the customers were becoming more and more price conscious. Some of them, even had extra freezers at 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 to convince his partner, the shipping magnate Maersk MC - Kiney Moller, that hypermarkets are the way forward.[3]

Chains
The store chains owned by Dansk Supermarked are: Netto - discount supermarkets Ftex - large supermarkets (with many non food items) Bilka - hypermarkets Tj & Sko - clothing and shoe stores A-Z - non food only hypermarkets Salling - department stores

As of 2007 the total number of stores was 1,171.[1]

Dansk Supermarked Stores

Stores and supermarkets in Denmark. [4]
Stores 2 88 17 1 37 435 Type Salling department stores Ftex food stores Bilka stores A-Z stores Tj & Sko Clothes & Shoe Shops Netto stores, of which 45 are dgnNetto [6] [5]

Dansk Supermarked A/S

20

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

Publicly traded Aktieselskab (OMX:DANSKE Financial services 1871

[1]

Headquarters Copenhagen, Denmark Key people Products Revenue Profit Total assets Total equity Employees Subsidiaries Website Ole Andersen (Chairman), Eivind Kolding (CEO) Banking, insurance, investment management DKK 43.38 billion (2011) DKK 1.723 billion (2011) [2] [2] [2] [2]

DKK 3.424 trillion (end 2011)

DKK 125.86 billion (end 2011) 21,320 (FTE, end 2011) [2]

Fokus, National Irish Bank, Northern Bank, Sampo, stgta Enskilda www.danskebank.com [3]

Danske Bank is a Danish bank. The name literally means "Danish Bank" It was founded 5 October 1871 as Den Danske Landmandsbank, Hypothek- og Vexelbank i Kjbenhavn (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 Bank now hold over 51 percent. Since the mid-1990s it has been expanding its operations outside of the country. In Norway it's known as Fokus Bank and in Sweden under a variety of brand names, including stgta Enskilda Bank. The reasons for this expansion are rooted in the increasing deregulation and internationalization of the banking sector.

Danske Bank's headquarters in Kongens Nytorv in Copenhagen.

The Group was created out of several mergers, the first in 1990 with rivals Handelsbanken (not affiliated with present day Handelsbanken) and Provinsbanken. That was followed by the acquisition of Danica in 1995 (renamed Danica Pension) in 1999, and a merger with BG Bank and Realkredit Danmark in 2001. 2005 saw the purchase of Northern Bank in Northern Ireland and National Irish Bank in the Republic of Ireland from the National Australia Bank, the Group's first retail operations outside Scandinavia. In 2006, Danske Bank bought the banking operations of the 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, Poland and 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 quickly transfer money between a number of countries with minimal fees.

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

22

Local operations
The Danske Bank group operates a number of local banks around the Nordic Region as well as in Northern Ireland and 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
stgta Enskilda Bank Trading as: stgta Enskilda Bank Bohusbanken Gvleborgs Provinsbank Hallands Provinsbank Nrkes Provinsbank Sknes Provinsbank Smlandsbanken Sundsvallsbanken Srmlands Provinsbank Upplandsbanken Vrmlands Provinsbank Vstmanlands Provinsbank lvsborgs 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

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Article Sources and Contributors

Maersk 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, David Biddulph, 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, Rich Farmbrough, 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, Vejvanick, 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, Thrr, Thue, Twthmoses, Vegaswikian, 66 anonymous edits

Image Sources, Licenses and Contributors

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Image Sources, Licenses and Contributors

File:Maersk Headquarter Copenhagen 2005.jpg Source: http://en.wikipedia.org/w/index.php?title=File:Maersk_Headquarter_Copenhagen_2005.jpg License: GNU Free Documentation License Contributors: User:Hansjorn File:Maersk kalamata seattle 20101127.jpg Source: http://en.wikipedia.org/w/index.php?title=File:Maersk_kalamata_seattle_20101127.jpg License: Creative Commons Attribution-Sharealike 3.0 Contributors: Ozymandias42 File:Eleonora Maersk DCT 3.JPG Source: http://en.wikipedia.org/w/index.php?title=File:Eleonora_Maersk_DCT_3.JPG License: unknown Contributors: ukasz Golowanow File: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 Grimes File: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 Elgaard Larsen File: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: US Navy Image:Maersk Headquarter Copenhagen 2005.jpg Source: http://en.wikipedia.org/w/index.php?title=File:Maersk_Headquarter_Copenhagen_2005.jpg License: GNU Free Documentation License Contributors: User:Hansjorn Image: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 edits Image:Maersk.jpg Source: http://en.wikipedia.org/w/index.php?title=File:Maersk.jpg License: GNU Free Documentation License Contributors: Original uploader was Peregrine981 at en.wikipedia Image: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 Grimes Image: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 Jepsen Image: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 edits File: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 Supermarked Image: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 was Electricnet at en.wikipedia Image:Danske Bank.jpg Source: http://en.wikipedia.org/w/index.php?title=File:Danske_Bank.jpg License: unknown Contributors: Giffen, Mahlum, Nillerdk, Peregrine981, Urbandweller File:Flag of Denmark.svg Source: http://en.wikipedia.org/w/index.php?title=File:Flag_of_Denmark.svg License: Public Domain Contributors: User:Madden File:Flag of Norway.svg Source: http://en.wikipedia.org/w/index.php?title=File:Flag_of_Norway.svg License: Public Domain Contributors: Dbenbenn File: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 colour changed 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:SKopp File:Flag of Lithuania.svg Source: http://en.wikipedia.org/w/index.php?title=File:Flag_of_Lithuania.svg License: Public Domain Contributors: User:SKopp File:Flag of Ireland.svg Source: http://en.wikipedia.org/w/index.php?title=File:Flag_of_Ireland.svg License: Public Domain Contributors: User:SKopp File:Flag of Sweden.svg Source: http://en.wikipedia.org/w/index.php?title=File:Flag_of_Sweden.svg License: Public Domain Contributors: Anomie File: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:SKopp File: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

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