Scandinavian Working Papers in Economics
Working Papers,
Copenhagen Business School, Department of Economics
No 10-2003: The A.P Møller shares, the US dollar and the price of oil
Ole Risager
Additional contact information
Ole Risager: Department of Economics, Copenhagen Business School, Postal: Department of Economics, Copenhagen Business School, Solbjerg Plads 3 C, 5. sal, DK-2000 Frederiksberg, Denmark
Abstract: 1. Brief Introduction. The two companies D/S Svendborg and D/S 1912 have for almost a century been the parent companies of the A.P. Møller Group. These companies were founded by Mr. Arnold Peter Møller and his father Captain Peter Mærsk Møller. They were in the beginning entirely into shipping. In 1912, the fleet consisted of 6 vessels. Much has happened since the company was founded: The A.P. Møller Group has by any standards become the biggest company in Denmark. Moreover, “Svendborg" and “1912" have recently been merged into one company “A.P. Møller – Mærsk A/S". However, as we shall be concerned with the performance of the company also in the past we will repeatedly make reference to the historic parent companies. As “Svendborg" and "1912" grew bigger they expanded into a number of other businesses.
Keywords: Shipping and Offshore Activities; Oil and Gas
JEL-codes: H00
21 pages, July 21, 2003
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