Danish shipping giant AP Moller-Maersk is granting top-level managers new share options worth DKK 57m ($7.66m).

It said two new schemes will apply from 1 April, one for members of the management board and the other for key executives.

These will be based on options for B shares from its own treasury stock.

For executives, the vesting period will be two years followed by an exercise period of five years.

Board