News / Is 'right-sizing' the last chance for Damco to remain part of the Maersk family?

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Overshadowed by all the positives coming from Maersk’s H1 performance was the result from its sickly forwarding division, Damco, which recorded a $42m loss.

Given the extensive restructuring that has taken place at Damco since its relocation to the Hague from the family home in Copenhagen early in 2013, it is perhaps not a surprise that another loss was posted after the $111m red ink of last year; but it is a concern that getting the forwarder back on track is ...