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HSH Nordbank CEO: New owners mark a new era

HSH Nordbank's new owners were announced Wednesday this week. The bank's CEO, Stefan Ermisch, describes the privatization as the beginning of a new era. "This will open up new possibilities for us to compete in the market without the current EU restrictions."

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Damco maneuver could cost jobs among regional leadership

A total of 18,000 Maersk employees could in some way be affected by the large-scale integration of Damco and Maersk Line. Dual leadership roles in the regional businesses in particular could be impacted, Maersk Line CCO Vincent Clerc tells ShippingWatch.

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