We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Maersk Tankers resets business model
South Africa News News
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.