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Maersk Tankers resets business model
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Maersk Tankers A/S is resetting its business model as it tries to navigate volatile energy markets that are sending earnings in the oil products shipping sector on a tumultuous ride. The company is offloading dozens of product tankers into a shared pool arrangement and transferring their ownership to a separate entity as it seeks to move from operating its own ships to a potentially more stable business of managing tanker fleets.