Royal Arctic Line forced to divest activities
Royal Arctic Line is facing massive challenges and is now offloading activities in order to reduce costs as a part of its new strategy. The carrier needs a critical review of how it solves its tasks, says CEO Verner Hammeken.
BY KATRINE GRØNVALD RAUN
Royal Arctic Line is cutting back on activities and selling a number of assets in order to reduce costs in the Greenlandic carrier. The companies Aalborg Stevedore Company and Arctic Base Supply will be divested, while companies like Royal Arctic Logistics and later Royal Arctic Bygdeservice will "disappear", as it is described in a press release from the company.
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