1914
 
2019

The year was 1914

Over the course of 106 years, Maersk Broker has grown into a worldwide organisation present in 15 countries with around 240 employees.

In the first days of January 1913, A.P. Møller established his own offices in the old stock exchange in Copenhagen. Initially, the activities included management of the fleets and the business of The Steamship Company Svendborg and The Steamship Company of 1912.

The framework for today’s Maersk Broker was laid down in 1914 when A.P. Møller took out a licence to trade in his own name as a merchant. He established two separate broker companies namely A.P. Møller Køb & Salg (A.P. Møller Sale and Purchase) and Befragtning & Klarering (Chartering & Agency). These activities were independent from the two steamship companies – today we would say that the activities were operated at arm’s lengths.

The chartering and sale and purchase departments were integral parts of the shipping company management organisations. However, in terms of accounts, contracts and staff – all the formalities – the activities were kept aside. Over the course of a century, Maersk Broker have existed as an independent company. To this day, the Møller family is still the private owner.

To begin with, the entire staff consisted of five employees who worked out of offices in Copenhagen’s old stock exchange building.

T.C. Christensen was the first manager of Befragtning & Klarering. The chartering activities included finding cargo for the Steamship Companies’ and A.P. Møller’s own ships, but they also did competitive chartering at the same time. They served as brokers for the Rio Tinto Company finding tonnage for the transportation of iron ore from the city Huelva in Spain to primarily British harbours. The ship agency activities, on the other hand, primarily focused on ships of the Maersk Fleet that called into Danish ports or were passing by sailing in and out of the Baltic area.

A.P. Møller Køb & Salg was managed by Niels Bonnesen, and this business area was also doing well from the start with a great number of deals during 1914.  
T.C. Christensen left the company in 1919 to pursue his own shipping career, while Niels Bonnesen was in charge of A.P. Møller Køb & Salg until he retired.

106 years and moving on

Kristian V. Mørch, Chairman of the Board of Directors, Maersk Broker K/S
 

For 106 years, Maersk Broker has provided the best shipbroker services to our clients. Our history is unique, and our heritage is what we are proud of. Our values are representing on how we do business, always having the best possible outcome in mind.

The beginning of Maersk Broker was in 1914 when Mr. A.P. Møller set up a firm adding brokerage and the sale and purchase of ships to the activities of his firm, which already included fleet management and operation.

Since then, Maersk Broker was governed by the Maersk family for 105 years. In 2019, Ane Mærsk Mc-Kinney Uggla, granddaughter of the founder, retired after being in the Board of Directors for 24 years, the last 9 years as Chairman of the company.

Kristian V. Mørch is the new Chairman of the Board and he continues to lead Maersk Broker with passion, effort and loyalty.