Index-linked agreements: 'shippers have to have the stomach for them'
Shippers pondering the pros and cons of index-linked agreements (ILAs) “have to have the stomach ...
© David Tulchinsky
A Maersk shareholder proposal regarding transportation of arms to Israel was not adopted in today’s AP Møller Maersk AGM [annual general meeting] after the Danish carrier assured its compliance with “regulations”.
The proposal called for “comprehensive documentation of Maersk’s human rights due diligence processes… with a focus on the transportation of high-risk shipments such as arms and military equipment to conflict zones”.
One shareholder said: “It is my belief that we as shareholders have a responsibility to ensure that our shares do not ...
Comment on this article
Andrea Gozzi
March 19, 2025 at 12:37 pmReading this official A.P. Moller – Maersk post, I wonder if these statements match the company’s real actions. On January 17, three longtime Maersk Lina Spa Italy employees were summoned under false pretenses and fired on the spot, replaced partly by Artificial Intelligence and partly by a team in the Philippines.
This blatantly violates Italian labor law (which mandates a hearing at the Labor Inspectorate) and contradicts Maersk’s Code of Conduct on integrity, respect, and transparency.
The subsequent behavior was equally troubling: the Genoa City (Comune di Genova) Councillor for Employment ( Mario Mascia) summoned Maersk twice (see official release: https://smart.comune.genova.it/comunicati-stampa-articoli/maersk-incontro-con-l%E2%80%99assessore-al-lavoro-mascia-presenti-solo-i ), but only local HR appeared, while top managers ignored the second summons.
If this occurs in a country with robust labor protections like Italy, how credible is Maersk’s public messaging? True corporate responsibility is more than a slogan—it must be a tangible, verifiable promise to employees and communities.