”Container carriers are close to being completely hard up”
The new alliance between Maersk Line, CMA CGM, and MSC does not tackle the entirety of the container market’s problem. You also need to look at the price fixing and particularly laid-up ships in order to succeed in saving a market headed for the abyss , says Jesper Præstensgaard, who has been a part of managements of major container carriers for many years.
BY LOUISE VOGDRUP-SCHMIDT
Jesper Præstensgaard, who recently stepped down as CCO of Hapag-Lloyd and previously worked for about 25 years in Maersk, is an experienced observer of the container market. He views the new alliance between Maersk Line, CMA CGM, and MSC as a natural development for the industry, but also believes the carriers need to secure a lot of similar success stories, since according to him, they are already hard up.
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