ShippingWatch

Maersk Supply Service: Brazil has disappointed

The Brazilian oil market has failed to live up to the expectations of the industry, and this goes for Maersk Supply Service as well, CEO Carsten Plougmann Andersen tells ShippingWatch.

The massive Brazilian oil market has in recent times failed to come through as the success story expected by many subcontractors and service companies in the business, Maersk Supply Service CEO Carsten Plougmann Andersen tells ShippingWatch.

"Brazil has been a negative surprise to many in terms of developments. We're very much seeing the general trend with oil countries becoming increasingly protective of their offshore work and oil extraction. This is a challenge for us in countries such as Brazil, West Africa, and many other places in the Far East and Australia."

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk rejects shippers' complaint in USD 180m dispute

U Shippers has no case in a contractual dispute reported to the US Federal Maritime Commission, Maersk writes in a response to the FMC. Moreover, the case should not even be a matter for the commission, the company says.

Further reading

Related articles

Latest news

See all jobs