Maersk CEO: Small container shipowners will struggle
After seven years of losses for practically every small and mid-size container shipowner, it goes against all logic if they are to keep investing in the industry, Maersk Group CEO Nils Smedegaard Andersen tells the Wall Street Journal.
BY OLE ANDERSEN
The pressure on small and mid-size container carriers will gain strength and make it completely unprofitable for them to continue in the industry, says Maersk Group CEO Nils Smedegaard Andersen in an interview with the Wall Street Journal.
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