New CEO of Maersk Line named

Søren Skou has been appointed new CEO of Maersk Line effective January 16, 2012.
By Patrick Burnson, Executive Editor
December 19, 2011 - LM Editorial

Having brought the storied container line back to profitability, Eivind Kolding will soon be leaving Maersk Line as its chief executive officer.

“Under Eivind Kolding’s skilled leadership, Maersk Line has undergone an impressive turnaround,” said Group CEO Nils S. Andersen, A.P. Moller - Maersk. “Its competitiveness has improved significantly and at the same time, Maersk Line has set new standards for the industry with regards to environment and reliability. Furthermore, Maersk Line has gotten a much stronger focus on the customers.”

As reported here, Kolding issued a warning against complacency and a call for more collaboration with shippers. The container shipping industry, he said, “stands on the brink of an era-defining moment” as it faces fundamental challenges.”

Shippers comprising the National Industrial Transportation League, the Agriculture Transport Coalition, and Cold Chain Alliance applauded this observation.

Kolding will become Chairman of the Executive Board of Danske Bank. Meanwhile, Søren Skou has been appointed new CEO of Maersk Line effective January 16,  2012.
Søren Skou was previously CEO of Maersk Tankers.

According to Anderson, Skou knows container shipping “very well” both from the time he worked for Maersk Line but also as a member of the Group’s Executive Board where he has stayed in close touch with Maersk Line and the industry.

“He is quite the right man to continue the development of Maersk Line and expand our positions in the market,” added Andersen.

Søren Skou previously held various positions in Maersk Line, from 1983 to 1998. In addition to being CEO of Maersk Tankers since 2001, Søren Skou has played an important part in the Group’s Executive Board. He has, among others, headed the Group’s initiatives to reduce costs in 2009 and 2010. In 2011, he has been the leader of the Group’s preparations for further expansion in the new growth markets.

In order to concentrate fully on the tasks in Maersk Line, Søren Skou’s additional positions will gradually be transferred to others in the Group. These include, among others, the board positions of DFDS and Danish Shipowner’s Association, where the Group will nominate CEO of Maersk Drilling Claus V. Hemmingsen, and Maersk Container Industry, where CEO of APM Terminals Kim Fejfer will take over the chairmanship.



About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Jacksonville, Fla.-based Florida East Coast Railway (FECR), a 351-mile freight rail system on the state’s east coast, recently made two separate announcements. One had to do with an expansion of intermodal services between Charlotte, N.C. and various locations in South Florida and another was related to the company boosting its intermodal capacity through the addition of new equipment.

The International Air Transport Association (IATA) announced August 2014 data for global air freight markets showing continued “robust”growth in air cargo volumes.

Even though some of its key metrics dropped sequentially from August to September, the outlook for manufacturing over all remains strong, according to the most recent edition of the Manufacturing Report on Business issued today by the Institute for Supply Management (ISM).

Company officials said that these planned changes, which will take effect on January 4, 2015, will provide for increases in current pay rates and reduce the time it takes for its nearly 15,000 drivers to reach top pay scale.

While the economy has seen more than its fair share of ups and downs in recent years, 2014 is different in that it could be the best year from an economic output perspective in the last several years. That outlook was offered up by Rosalyn Wilson, senior business analyst at Parsons, and author of the Council of Supply Chain Management Professionals (CSCMP) Annual State of Logistics Report at last week’s CSCMP Annual Conference in San Antonio.

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. Contact Patrick Burnson

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA