COPENHAGEN Jan 21 Danish shipping and oil group
A.P. Moller-Maersk (MAERSKb.CO) on Wednesday said it Lindo
Odense shipyard would concentrate on producing smaller ships in
the future as part of a new business model.
"Large parts of the market for newbuildings have collapsed,"
Maersk said in a statement. "This has accelerated and increased
the necessity for a decision on a new business model."
Maersk said that Lindo would concentrate on producing
smaller ships, including, potentially, ships for offshore oil
and gas production, but that this would not effect the current
Maersk also said it would invite external businesses to the
Lindo area where they could produce heavy steel products in
shared facilities with the Danish group.