Danish conglomerate A.P. Moeller-Maersk A/S said Thursday it is splitting into two separate units to generate growth, as it battles with the worst shipping downturn in years and a historic oil-price rout. Maersk Line, the company’s biggest unit and the world’s largest container operator in terms of capacity, will spearhead a new Transport & Logistics unit, while the group’s extensive oil interests will be pooled under an Energy...

Source: Wall Street Journal September 22, 2016 07:30 UTC