Major shipping companies see no need for layoffs

The coronavirus will end at some point. As such, major shipping lines like Maersk, Torm and Norden do not expect to fire employees, according to a survey conducted by ShippingWatch. Bimco chief analyst thinks the carriers are wrong.

Photo: Stine Rasmussen/Ritzau Scanpix

Employees at several major Danish shipping companies look set for a good night's sleep. Currently, there are no planned layoffs at the carriers despite the corona crisis, which is otherwise putting pressure on the global economy.

That is the conclusion of a survey ShippingWatch conducted among five major Danish shipping lines.

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