Word: maersk
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When his ship Valkyrien foundered on the coast of Scotland in 1883, Danish Captain Peter Maersk MØller thought he saw a seven-pointed star in the sky. Even in that moment of disaster, MØller, an optimist if ever there was one, decided that he had witnessed an omen of good fortune. Apparently he was right: today the family flag, a seven-pointed white star on a light blue field, is known the world over. It flies on 92 freighters, tankers and other vessels of the Maersk Line, over a shipyard and machinery and petrochemical plants, even...
...vessel into what is now a multimilliondollar empire. A believer in running a tight ship, A. P. MØller was one of Denmark's richest men when he died in 1965 at the age of 88. He passed the helm of the company to his son, Maersk McKinney* MØller, now 54, who commands his diverse enterprises from an inconspicuous red brick building on King's Square in Copenhagen. Near his desk hangs a world map on which colored magnets chart the day-by-day movements of Maersk Line ships. Says MØller: "What...
...storybook rise from merchant's apprentice, Mø11er (pronounced roughly Mew-lehr) has always believed in one precept besides making money: do something for Denmark. Mostly, what he has done for Denmark is to invest in it. With the profits earned abroad by his 85-ship Maersk Line and his 25,000-acre Tanganyika sugar plantation, he has built his country's biggest industrial empire, which ranges from shipyards to petrochemical plants and employs 9,000 Danes...
...spoke of "disturbing effects," pointed out that Mellon-controlled Gulf Oil Corp. was a member of the international oil conference which sought to limit Russian exports. Although they muttered about an "embargo," Ottawa was of the opinion that nothing could legally be done. Newshawks discovered the Russian tanker Aase Maersk lying in Montreal harbor loaded with 9,000 tons of rich crude from Batum, already consigned to La Salle Petroleum...