News / Container shipping needs huge wave of redundancies to get back to profitability

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By Mike Wackett

22/11/2016

The global container shipping industry needs to reduce its land-based workforce by 31,000 to improve efficiency, according to SeaIntelligence Consulting CEO Lars Jensen.

In this week’s SeaIntel Sunday Spotlight, he claims the lines’ land-based staff had improved efficiency in the past year, but more needs to be done to regain profitability.

He said: “There is no strong correlation between size and employee efficiency, indicating that this competitive advantage is related to business process management, not the size of ships or networks.”

Mr Jensen argues that ...

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Topics

CMA CGM Employment prospects Hapag-Lloyd Japanese 3 Maersk

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