Description
Maersk is a Danish shipping and logistics company founded in 1904 by Arnold Peter Møller and Peter Mærsk Møller.
Maersk's business activities include shipping, port operation, supply chain management and warehousing. The company is based in Copenhagen, Denmark, with subsidiaries and offices across 130 countries and over 100,000 employees worldwide in 2022.
It is a publicly traded family business, as the company is controlled by the namesake Møller family through holding companies. The company's 2022 annual revenue was US$81.5 billion. In the 2022 Forbes Global 2000, Møller-Maersk was ranked as the 161st largest public company in the world. Maersk is one of the largest shipping companies in the world and is the largest by fleet capacity, with 18% of worldwide fleet capacity.
Maersk has faced several challenges including the global economic downturn, a malware attack, and the impact of the COVID-19 pandemic on global trade.