Maersk Supply Service under daily pressure from customers

Maersk Supply Service's customers in the oil industry currently have only one single agenda: cost reductions. The crisis in the industry could last for two years, CEO Carsten Plougmann Andersen tells ShippingWatch.
BY LOUISE VOGDRUP-SCHMIDT

Before the turn of the year Maersk Supply Service did not particularly note that the oil industry was suffering from the low oil price and that the companies in the sector were becoming increasingly anxious, launching layoff rounds. The Maersk Group's offshore service carrier delivered good results for the 3rd and 4th quarter, and the carrier's fleet faced solid utilization rates.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now


Further reading