ShippingWatch

Scan Group targets growth in Asia and the US

Shipping and logistics group Scan Group has made investments on several continents in 2014. The investments form part of an organic growth strategy which will continue for years going forward, chairman of Scan Group, Morten Jæpelt, tells ShippingWatch.

Photo: OW Bunker

Danish shipping and transport group Scan Group A/S, headquartered in Copenhagen, chose to make numerous investments in new subsidiaries in 2014 in order to further develop the business.

"We have always worked with a strategy to grow organically and where the bottom line is more important than revenue. This is part of the group's strategy to develop our activities both in regards to transport and shipping activities as well as geographical coverage. In 2014, we chose to focus in particular on investments in the regions where we already have subsidiaries, including the Far East along with Korea and China, New Zealand and the US," says Morten Jæpelt, who is Chairman of the Board at Scan Group and has been in the company since 1978, in an interview with ShippingWatch.

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