What was the main reason for the decision to spin off the drilling unit?
Maersk Vice CEO on Drilling Unit Spinoff
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The transcript discusses the decision to spin off the drilling unit on NASDAQ Copenhagen, focusing on shareholder value and industry dynamics. It highlights the future prospects of the drilling industry, with a young fleet and stable oil prices. AP Moller Maersk's strategic focus on shipping and share distribution is also covered, along with challenges in the offshore service vessel market.
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
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How does the company plan to distribute shares to its shareholders?
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3.
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3 mins • 1 pt
What is the expected growth rate of the offshore drilling market towards 2020?
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4.
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3 mins • 1 pt
What is the significance of having a young fleet of drilling units?
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What challenges does the offshore service vessel market currently face?
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