1.0 History Maersk as a company was established in 1904, and it was in this year that the company was labeled Maersk Group, with the objective of offering shipping services.The company was a beginning of an idea by two people, who included Peter Maersk and his blood son, Peter Moller. Initially, being a family business, the company bought its first five tankers in 1928.Mr. Moller initiated and oversaw the global expansion of Maersk Group into the global markets, with U.S. being its first international subsidiary. Larsen& Mortensen (2011 affirms that, ‘This was followed by penetration into the United Kingdom, ...
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