Maersk CEO ends four-year hiatus with plan to order new ships
Fri, Feb 27, 2015 - 5:50 AM
Mr Andersen: "We're not making long-term plans based on what the oil price is exactly today, but nevertheless we're currently looking into what effect the low oil price should have on our vessel size."
The world's biggest container line will order new ships for the first time in four years as the industry shakes off its worst crisis in four decades.
Nils Smedegaard Andersen, the chief executive officer of AP Moeller-Maersk, said the Danish company may focus on...