Container

Søren Skou calls off price war in the container industry

More than a year of price war in the global container industry has come to an end, says Maersk Group CEO and CEO of Maersk Line, Søren Skou. The Danish container carrier has utilized the price war to win major market shares from competitors, he adds.
Photo: Carsten Bundgaard
Photo: Carsten Bundgaard
by TOMAS KRISTIANSEN

Maersk Line CEO Søren Skou was the one to launch the price war in the global container industry in 2015 and now he is the one to call it of after more than a year of intense battling at low prices, which has been a costly affair for the entire industry.

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