COPENHAGEN, Sept 22 Denmark's A.P.
Moller-Maersk's new Transport and Logistics division will aim to
expand its market share every year through organic growth and
acquisitions, CEO Soren Skou told a news conference on Thursday.
Rocked by low freight and oil prices, Denmark's A.P.
Moller-Maersk announced on Thursday it will split
into separate transport and energy divisions.
"There are enough ships in this world," Skou said, referring
to the sector's current oversupply of new vessels.
He added that the company also aims to lead the industry in
(Reporting by Annabella Pultz Nielsen; editing by Jason Neely)