Here are the details of Maersk's new plan

Subsidiaries Safmarine and Damco will be placed under Maersk and will no longer exist as independent brands. A large number of employees look set to lose their job.

Photo: PR / Maersk

Maersk's large-scale reorganization will impact the two subsidiaries Safmarine and Damco, which will soon be shut down as independent brands.

The plan will also mean a farewell to employees working in double capacities or superfluous functions, Maersk confirms Tuesday in an internal email to employees, which ShippingWatch has read. Maersk has now also confirmed the changes in a press release.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Extreme container rates can push shippers into bankruptcy

Extreme container freight rates might lead to a string of bankruptcies for companies without transport deals, says shipping analyst Lars Jensen in an analysis to Shippingwatch. Particularly smaller fashion brands are under pressure, according to trade organization.

Containers piling up at Port of Felixstowe

Efficiency is dropping at UK container port Felixstowe while containers are piling up, according to Vesselsvalue. Some carriers are now opting to divert their vessels away from the port.

Further reading

Related articles

Trial banner

Latest news

See all jobs