Monday, April 16, 2012

Container and Bulk Freight Shipping World Loses an Establishment Giant

Obituary - Arnold Maersk Mc-Kinney Moller 13th July 1913 - 16th April 2012
Shipping News Feature

DENMARK – One of the true giants of the shipping industry has gone with the death today of Mærsk Mc-Kinney Møller the son of Arnold Peter Møller the founder of the A.P. Moller – Maersk Group. The Danish conglomerate blossomed in his tenure into a major force in many branches of logistics from container shipping and bulk ocean freight to energy exploration and a variety of marine services.

Mr Møller became a partner in Firmaet A.P. Moller in 1940 and remained on the board until 2003, retiring at the age of 90. Møller emigrated to the US for the duration of WW11 in order to keep control of the company fleet before returning to Denmark in 1947 where he became Chairman and CEO upon his father’s death in 1965. He was instrumental in the unique deal which Maersk negotiated with the Danish Government regarding exploration and recovery of energy resources in Danish coastal waters which met criticisms that it created a monopoly.

Until his death, Mærsk Mc-Kinney Møller was the chairman of A.P. Møller og Hustru Chastine Mc-Kinney Møllers Fond til almene Formaal (The Moller Foundation), A.P. Møller og Hustru Chastine Mc-Kinney Møllers Familiefond (The Moller Family Foundation) og Den A.P. Møllerske Støttefond, all of which have considerable shareholdings in A.P. Møller – Mærsk A/S. He remained a contributor to the last appearing in the latest Maersk Group promotional film unveiled in February in which he made clear his personal philosophy that a man’s word was his bond. Mr Møller’s daughter Ane Mærsk Mc-Kinney Uggla said today:

“On behalf of the whole family I wish to express our deep sorrow at the loss of our father, grandfather and great grandfather, Mærsk Mc-Kinney Møller. My sisters and I have lost a father who never failed neither his family nor his business. We are grateful that our father lived a long and eventful life. In his never failing wish to do good, together with many and great initiatives, he made a significant mark on our time. On this day, I am compelled to give thanks to all current and previous employees of the A.P. Moller - Maersk Group for the loyalty which has been shown to our father throughout the years. Let us respect his memory.”

Mærsk Mc-Kinney Møller’s achievments were honoured by his country when he was awarded a knighthood in the Danish Order of the Elephant becoming only the third person who is neither royal nor a head of state to hold this honour. He was also estimated to be possibly the richest man in Denmark and was legendary for his charitable donations and contributions to the arts.