Interview with the German dry bulk shipowner Henning Oldendorff and Maersk Line CEO Søren Skou, who raised the carrier's profit ambitions, a new major alliance in the container industry, and the Clipper Group's RoRo activities featured among this week's top stories on ShippingWatch.
BY OLE ANDERSEN
In a shipping industry where even medium-sized competitors are struggling with surprisingly big deficits in 2014, one might think that one of the world's biggest players players would face even bigger losses. In an interview with ShippingWatch, Henning Oldendorff, son of founder Egon Oldendorff, talked about how he and his colleagues have managed to remain profitable even during difficult market conditions.
Maersk Line has a return on invested capital (ROIC) that all competitors, without exception, can only dream about these days. But CEO Søren Skou would like to see the carrier's ROIC grow in the next three years.
Clipper's RoRO business Seatruck - along with investments in ferry operator Danske Færger - has helped keep Clipper afloat at a time plagued by an uncertain bulk market. And now Clipper is looking at opportunities to expand the business, Clipper Group CEO Kristian Mørch told ShippingWatch.