Maersk’s Skou hits out at “unacceptable” state aid for lines

Container shipping lines, such as HMM and Yang Ming Line, that receive state aid from there are gaining an unfair advantage over their competitors and the practice should be investigated by the European Commission, Maersk CEO Søren Skou told reporters, following the release of the Danish company’s first quarter results.

Denmark’s maritime publication Shipping Watch reported that Skou had called the practice “unacceptable” at a time when the container shipping industry is faced by significant...

https://container-news.com/maersks-skou-hits-out-at-state-aid-for-lines/

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