A.P. Moller - Maersk will carry out its first planned drydocking in India, according to a The Hindu BusinessLine report of a company release. The container ship Maersk Chattogram, which flies the Singapore flag, is due at the Kattupalli Shipyard near Chennai in southern India. Maersk, based in Copenhagen, Denmark,...
Carlsberg Moves Toward an IPO of Its India Brewing Business
Carlsberg, the Danish brewer based in Copenhagen, Denmark, is preparing to publicly file documents for an initial public offering of its India business, according to a Bloomberg report carried by Business Standard. The offering could raise as much as $700 million. The report cites people familiar with the matter who...
Maersk To Invest Further in India
In an interview with Economic Times Soren Skou, CEO of Copenhagen-based AP Moller-Maersk, says the company considers India an investment destination, and that the $35 billion shipping conglomerate will invest more in port facilities. Lightly edited excerpts of the interview: On how important India is to the company Skou: Globally,...