Maersk in ‘big step’ with Höegh Autoliners stake

Danes buy 37.5% stake as Höegh acquires Maersk’s PCTC fleet

Janet Porter - Thursday 31 January 2008

DENMARK’S AP Moller-Maersk is flexing its muscles in the deepsea car trades by taking a shareholding in Höegh Autoliners, one of the key players in this tightknit market.

Maersk is buying a 37.5% stake in Höegh Autoliners from Norway’s Leif Höegh in a move that will propel its position from tonnage provider to a direct participant.

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