AP Moller-Maersk shares climbed modestly this morning as investors digested the division of the Danish giant into two divisions.

Public comments from analysts were broadly positive but today's announcement lacked a full punch given the plan was leaked to the domestic media and many questions remain to be answered, TradeWinds is told.

Soren Skou, the new AP Moller chief executive, confirmed today that the group would split into transport and energy divisions.

Goldman