Maersk Group has Tuesday morning published the main content of its new strategy, which its Executive Board, headed by CEO Søren Skou, will present to a broad range of Danish and international analysts at the group's Capital Markets Day, held at the Copenhagen Opera House.

Read the strategy, titled Shaping the Future, here. http://files.shareholder.com/downloads/ABEA-3GG91Y/6029780290x0x971840/DA32F804-5926-423C-916B-36CAE3797ED4/20180219_CMD_2017_vF_NASDAQ.pdf

Maersk says in the strategy that the remaking of the group will take 3-5 years.

Maersk's future is based on the three core business units Maersk Line, APM Terminals and logistics company Damco, gathered in the Transport & Logistics division after the group has announced that all the oil-related businesses will be spun off.

For the group's Executive Board, this year's Capital Markets Day is a matter of convincing investors that Maersk going forward can deliver higher earnings than in the current, strained container market, and to rebuild interest in the Maersk share through prospects of significantly stronger returns to shareholders.

Focus on Hamburg Süd

Headlines at the Capital Markets Day include the acquisition of Hamburg Süd. Maersk acquired the German container carrier in December last year for EUR 3.7 billion. The acquisition is expected to produce annual savings for the overall container business of USD 350-400 million, starting in 2019.

Focus will also be on synergies related to the closer integration of container carrier Maersk Line and port company APM Terminals, two business units which the group has till now worked hard to keep clearly separate despite having the same owners, and the announced digitalization strategy is also expected to feature prominently.

Source: Shipping Watch