ShippingWatch

Søren Skou wants to turn Damco around and speed up logistics

Logistics must grow in Maersk's new strategy, but the freight forwarding business in Damco noted a setback in the second quarter and helped drag down Non-Ocean. CEO Søren Skou is not pleased and heralds full focus and acquisitions – five areas are interesting here, he says.

Photo: Ida Marie Odgaard//

A.P.Moller-Maersk enters a new phase of its transformation toward becoming a global integrator of container logistics.

The strategy is set, the energy business has, with the exception of the failed sale of Maersk Supply Service, been spun off, and the core business, where Maersk is the world's leading liner company, is doing well.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Extreme container rates can push shippers into bankruptcy

Extreme container freight rates might lead to a string of bankruptcies for companies without transport deals, says shipping analyst Lars Jensen in an analysis to Shippingwatch. Particularly smaller fashion brands are under pressure, according to trade organization.

Containers piling up at Port of Felixstowe

Efficiency is dropping at UK container port Felixstowe while containers are piling up, according to Vesselsvalue. Some carriers are now opting to divert their vessels away from the port.

Further reading

Related articles

Trial banner

Latest news

See all jobs