Søren Skou: Returns need to be increased further
Maersk Line CEO Søren Skou says in an interview with ShippingWatch that he wants to increase the carrier's returns even further. The ambition is to secure high profits for at least three consecutive years.
BY TOMAS KRISTIANSEN
Maersk Line has a current return on invested capital that all competitors, without exception, can only dream about these days. If the major European or Asian competitors were able to deliver an 8.5 percent return on invested capital - as the Danish liner carrier was able to do in its latest annual report - cheers would be heard around the boardroom tables in Hamburg, Shanghai or Singapore.
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
.jpg&w=384&q=75)
