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State bank pledges huge loans to South Korea's shipping sector

The Export-Import Bank of Korea now sets a figure for how much money the bank is prepared to put up in loans and guarantees to the country's shipping sector. The move is part of the government's large-scale rescue plan.

Hyundai Merchant Marine
Photo: Hyundai Merchant Marine

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Søren Skou fighting the clock to deliver results

Søren Skou will soon have spent two years heading the Maersk Group and working on the transformation of the conglomerate and the share price that served as key reason for his appointment. "Things take time," says Skou.

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