Damco CEO: The corporate overhaul was painful at times

The overhaul at Damco, the Maersk Group's deficit-making logistics unit, has been painful at times, explains CEO Hanne B. Sørensen in an interview with ShippingWatch. The company has, among other changes, reduced its number of operational offices significantly.
BY OLE ANDERSEN

After two years plagued by massive losses at the Maersk Group's logistics unit Damco, the company has now completed the majority of comprehensive corporate restructuring, says Damco CEO Hanne B. Sørensen in an interview with ShippingWatch.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading