Royal Arctic CEO open to new layoffs to cut costs

After the first profit for a half-year period in many years, the CEO of Royal Arctic Line, Verner Hammeken, tells ShippingWatch that more layoffs might be necessary to make up for increasing expenses for new vessels and the port in Nuuk. RAL is also starting a new company with Eimskip.
Photo: PR-foto/Royal Arctic Lines
Photo: PR-foto/Royal Arctic Lines
BY JOHANNES HARTKOPF-MIKKELSEN

"I would be pulling wool over the employees' eyes if I promised that there would be no more layoffs."

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
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading