AP Moller-Maersk’s first quarter results placed the group’s energy division in the shop window with the businesses which are potentially for sale outshining the new core Transport & Logistics operation.

Copenhagen-listed AP Moller split off its oil related businesses last year and is looking into potential sales, joint ventures, or listings for Maersk Oil, Maersk Drilling, Maersk Tankers and Maersk Supply Service.