Maersk CEO skeptical about global growth

A.P. Moeller-Maersk Group CEO Nils Smedegaard Andersen does not project any immediate growth in the oil market.

Photo: Maersk Group

There will be no real progress in global growth, projects Nils Smedegaard, Group CEO of A.P. Moeller-Maersk, according to Danish newspaper Berlingske.

"There aren't many bright spots when we look out into the world. As a company we have to plan according to the fact that this will be a long-term condition with slow growth," says the CEO, who oversees 90,000 employees across the globe.

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