There are significantly fewer employees. The view has changed from a canal to a raw factory locale. On top of that, Maersk Tankers has compromised on the quality of certain products.
For the past two years, the tanker shipping line has been cutting costs to the bone and adapting to its new life as an independent company without being part of conglomerate A.P. Møller-Maersk and its comfortable embrace. In light of two years with stinging deficits, this has been quite necessary.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.
More from ShippingWatch
A trader at KPI Oceanconnect, a subsidiary of Bunker Holding, has been charged with alleged corruption totaling at least USD 191,250 as rewards for nominating Straits for the supply of bunker fuel to KPI's customers. The employee has been suspended and his contract terminated, the company informs ShippingWatch.