AP-Moller-Maersk finance chief Jakob Stausholm says the company's historic hedge between the oil and container shipping markets did not work during the worst downturns.
AP Moller is restructuring as a transport and logistics company having sold two of its four energy businesses.
Maersk Drilling and Maersk Supply Service are both earmarked for sale following the divestment of Maersk Oil and Maersk Tankers.
