Carriers divert Indian cargo to avoid congestion worries at Colombo
With capacity still a nagging concern at Sri Lanka’s Colombo port, container lines are devising ...
TSLA: FEEL THE PAIN IN CHINAWMT: GUESS WHATXPO: SURGINGAMZN: LOOKING FORWARDCHRW: PAYOUT UNCHANGEDWTC: NEW HIGH MAERSK: 'AFLOAT IN A SEA OF RISK' F: TARIFF TRAFFIC WARNINGHON: GAUGE THE UPSIDEXPO: STELLAR EARNINGS DELIVERYMAERSK: DEMAND DISRUPTION RISKMAERSK: FOCUS ON MARGIN IN LOGISTICS AND SERVICESMAERSK: GROWTH UNDERPERFORMANCE IN OCEAN MAERSK: WHY IS GEMINI SUCH A GOOD IDEA MAERSK: INTEGRATOR STRATEGY MAERSK: EIGHT YEARS AFTER THE LAUNCH OF THE INTEGRATOR STRATEGYMAERSK: FOCUS ON DEALS MAERSK: QUESTION TIME WITH FOCUS ON MSC AND DEALS
TSLA: FEEL THE PAIN IN CHINAWMT: GUESS WHATXPO: SURGINGAMZN: LOOKING FORWARDCHRW: PAYOUT UNCHANGEDWTC: NEW HIGH MAERSK: 'AFLOAT IN A SEA OF RISK' F: TARIFF TRAFFIC WARNINGHON: GAUGE THE UPSIDEXPO: STELLAR EARNINGS DELIVERYMAERSK: DEMAND DISRUPTION RISKMAERSK: FOCUS ON MARGIN IN LOGISTICS AND SERVICESMAERSK: GROWTH UNDERPERFORMANCE IN OCEAN MAERSK: WHY IS GEMINI SUCH A GOOD IDEA MAERSK: INTEGRATOR STRATEGY MAERSK: EIGHT YEARS AFTER THE LAUNCH OF THE INTEGRATOR STRATEGYMAERSK: FOCUS ON DEALS MAERSK: QUESTION TIME WITH FOCUS ON MSC AND DEALS
Soren Skou, head of Maersk, has stuck his neck out, and warned the European Commission that its competition rules prevent the region from competing with the US and China. “Is it really a good idea that we don’t allow the creation of a European global champion?” he told Danish media. Mr Skou is a member of the European Round Table for Industry (ERT), a lobby group of 55 leaders of large European companies. It has urged the EU to develop a new industrial strategy to enhance the global competitiveness of European companies. He added that competition policy should “allow us to build the right European companies that can compete globally”.
It makes one wonder who Maersk has its eye on?
Comment on this article
Gary Ferrulli
January 16, 2020 at 4:09 pmI can understand the issue if talking about Asian countries, and not just China, but Korea, Taiwan and Japan. Their approach to global trade is very nationalistic and they not only allow, but actively participate in the endeavors. Not so sure I understand the reference to the US – what anti-trust laws does the US ignore or anti competitive behavior does the US promote?
Joe
February 21, 2020 at 4:54 amAgreed.