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By Alex Lennane
News from The Journal of Commerce’s TPM conference, and a video link to Maersk CEO Soren Skou’s keynote speech (which gets going about three minutes in). There is – inevitably – some Maersk promotion, but it’s an interesting review of the shipping line’s goals, strategy and the market. Mr Skou’s thoughts on wider industry trends, pricing, and matching capacity with demand, start about 15 minutes in. Best line: “You can’t complain about low freight rates – if you look at the contracts, there are two signatures on them.” If you didn’t make it to the conference, it’s well worth a watch.
