Danish ship tycoon just can't get enough of boats

Mon Jul 13, 2009 7:28am EDT
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COPENHAGEN (Reuters Life!) - What does a Danish shipping magnate give himself for a birthday?

Well if you're Maersk Mc-Kinney Moller, who turned 96 on Monday, you get yourself an 82-foot sailing yacht, according to the daily Berlingske Tidende said.

The $11 million boat is a Finnish-built Swan and is Maersk Mc-Kinney Moller's eighth yacht, the paper said.

Like his earlier boats, it will be christened "Klem," which means "hug" in Danish and is formed by the first initials of the names of his daughters Kirsten and Leise and his late wife Emma Maersk, the newspaper said.

Maersk Mc-Kinney Moller's billions comes from the A.P. Moller-Maersk's Group, which is the world's biggest container shipping company.

He retired as chairman of the company in 2003.

(Reporting by John Acher, editing by Paul Casciato)