Posted: April 17, 2012

Shipping industry loses a giant in Maersk McKinney Moller


Maersk McKinney Moller, chairman of AP Moller-Maersk until his retirement in 2003, died in Copenhagen April 16 after a brief illness. He was 98.

Moller assumed leadership of the diverse Danish conglomerate upon the passing of his father in 1965. He turned the company into the world's largest container shipping line and extended the Maersk brand into tankers, dry bulk shipping, shipyards, cargo terminals, liquefied natural gas and offshore energy.

"The basic principle is that people can trust us," McKinney Moller said in 2003, explaining the company's worldwide stature. "The authorities can trust us, employees can trust us and business connections can trust us. Your word should be your bond. We exercise constant care. By constant care, I mean care at the time the action is taken - constant care is the proverb that my papa left to me and the group."

"Maersk McKinney Moller's mother, Christine McKinney, was an American citizen, so he gave as much back to the United States as he did to Denmark," AMO National President Tom Bethel noted. "On his watch, AP Moller-Maersk established Maersk Line Limited as a U.S. subsidiary, operating U.S.-flagged merchant ships worldwide in commercial trade and in defense services, providing thousands of jobs for U.S. merchant mariners - including members of our union - and for U.S. citizens in positions ashore. We in American Maritime Officers appreciate his strong faith in the U.S. merchant marine."