ShippingWatch

Former Svitzer CEO: Shipping is a self-destructive industry

Outgoing Head of Svitzer’s Asia, Africa, and Middle East activities, Rene Kofod-Olsen, lashes out at the shipping industry while in transition to take on the position as CEO of Topaz Energy & Marine.

Photo: Topaz Energy and Marine

The shipping industry is in danger of destroying itself from within, believes Rene Kofod-Olsen, outgoing Head of Svitzer’s Asia, Africa, and Middle East business, who is about to become the CEO of Svitzer’s competitor Topaz Energy & Marine.

“We in the shipping industry can be self-destructive, for instance in our approach to purchasing ships, which is one of the major reasons for the recent years’ prolonged crisis within the shipping industry,” says Rene Kofod-Olsen to ShippingWatch.

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