Urgent call for breakdown of cargo onboard as General Average declared on Dali
Singapore-based Grace Ocean has officially declared General Average on its vessel, the Maersk-chartered and operated ...
The latest episode in the AP Møller Mærsk Group saga – the 23 June top-level management shake-up – could lead to a truly comprehensive corporate restructuring that was unthinkable only a few months ago.
However, we foresaw possible changes in the line of command in November, when I wrote: “…perhaps we should prepare for a different Mærsk – one which may involve a different-looking management team”.
As rumours about divestment and new investment continue to swirl around Maersk following the sacking of group chief executive ...
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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Comment on this article
Kim Jin
July 21, 2016 at 3:31 amDiversified view of point to perspect industry changes
Steffen Schiottz-Christensen
August 04, 2016 at 8:06 amTrue that Damco is the :”Beating heart” of the Maersk Group and by far the unit closest to its customers in terms of long-term and deep integration. However, radical surgery is needed to get Damco even near “Best in class” and to produce satisfactory returns. The real, core value of Damco is its relationship to SCM customers (end to end execution, visibility and IT integration) and in particular within Retail and FMGC. These relationships are not easy to build and Damco has the people and systems to support it. However, all other activities are not managed very well with continued big challenges in Freight Forwarding (Air/Sea), Warehousing and Distribution. The challenges have been ongoing for years and maybe a better solution for Damco and the shareholders would be to scale back to the roots of SCM and only engage in activities that directly supports the SCM product and customers. Alliances and partnerships could be considered as a part of this and potential sale of the freight forwarding activities. My 5 cents…..
Ale Pasetti
August 04, 2016 at 2:13 pmThanks for your valuable input, Steffen.