Maersk CEO: Maersk Line takes up smaller share in five years

The Maersk Group will change its tactics and the shipping business will take up a smaller part of group. “In five years, we will have a company in which Maersk Line takes up a considerably smaller share”, Maersk CEO Nils Smedegaard Andersen tells the Danish newspaper Jyllands-Posten.

BY JACOB BREJNEBØL KNUDSEN

Published: 01.10.12 at 14:50

The Maersk Group is in particular known for its shipping business and the ownership of the largest container carrier in the world, Maersk Line. However, this is not the way it is supposed to be in the future, CEO Nils Smedegaard Andersen states.

As it is today, the situation in the container carrier is way too unstable for long-term thinking and when the company goal is more stability it demands a strategic change.

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