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Europe Denmark Maersk Group

Skou predicts more box line consolidation

With Maersk’s market share at around 20% of the long-haul container trades following the $4bn takeover of Hamburg Süd, Søren Skou says he thought the Danish line’s size was sufficient to be competitive without the need to order more ships or gain scale through an acquisition

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While Maersk has no plans for more acquisitions, its chief executive warns about the future of those carriers with no viable business model

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