
When Maersk next week presents a significant overhaul of its current structure, sources say that Damco will probably seize to exist as an independent unit as part of the shipping group's large-scale transition process.
According to the sources, Damco's status as an individual business and brand has taken center stage in the efforts to adjust the group in recent months, efforts aimed at creating a stronger and more stream-lined Maersk.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
DFDS has large sums caught in European VAT spat: "This will affect all forms of transport"
A VAT dispute in Latvia has now left ferry operator DFDS with millions of kroner in extra costs and a future of navigating a bureacratic minefield. However, the Danish carrier predicts challenges throughout the industry: ”It is only when it’s actually happening, that you realize it is a problem,” warns the company’s indirect tax manager.