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Maersk Tankers CEO sees no reason to merge tanker carriers

It has long been discussed, and the chief executive of a competitor points to Maersk Tankers as a driver in the tanker sector's consolidation race. However, Maersk Tankers CEO Christian M. Ingerslev does not see much sense in combining balance sheets, he tells ShippingWatch.

Photo: Maersk Tankers

If consolidation in the tanker industry is about combining two carriers' balance sheets, then Maersk Tankers CEO Christian M. Ingerslev has difficulties seeing a reason to join the process.

Or backing up the merging of businesses, which CEO of Scorpio Tankers Robert Bugbee views as necessary among the big product tanker carriers in Copenhagen with Maersk Tankers as facilitator.

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