News / APMM to axe Damco and Safmarine brands in restructure 'affecting 27,000 jobs'

© Aleksei Nikolaev

Maersk is to phase out the Damco and Safmarine brands by the end of the year, in a major restructuring of its brands which could see some 27,000 jobs affected and some 3,400 jobs lost.

The news, broken by Loadstar Premium last week, is a further step towards Maersk’s strategy of becoming an integrated transport and logistics company.

APMM confirmed this morning that Safmarine would be integrated into Maersk, “to enhance customers’ access to the global integrated offering”, along with forwarder Damco’s air ...