Ane Maersk Mc-Kinney Uggla has publicly backed progress to date in the high-profile transformation of AP Moller-Maersk from conglomerate to transport and logistics specialist.

Uggla, the daughter of legendary shipowner Maersk Mc-Kinney Moller, told the group’s annual general meeting it was a “supertanker” and took a long time to turn around.