Søren Skou

Maersk’s Skou suggests US$450/tonne bunker tax, MSC’s Toft backs carbon pricing and decarbonisation R&D fund

Søren Skou, CEO of AP Moller – Maersk, has proposed a carbon tax on ship fuel of at least US$450 per tonne of fuel, which translates to around US$150 per tonne of CO2.

The boss of the Danish giant described it as “a levy to bridge the gap between the fossil fuels consumed by vessels today and greener alternatives that are currently more expensive,” in his LinkedIn post on 2 June.

Two days later, Soren Toft, CEO of the second-largest container line in the world and 2M Alliance Maersk’s partner,...

https://container-news.com/maersks-skou-suggests-us450-tonne-bunker-tax-mscs-toft-backs-carbon-pricing-and-decarbonisation-rd-fund/

Maersk Head To Focus On Profitability Over Market Share

Next month will mark five years since Søren Skou took the helm at Maersk. Yesterday he gave investors and reporters a glimpse of where he sees the Danish transport giant heading in the coming five years, shrugging off concerns that 2M partner Mediterranean Shipping Co (MSC) will overtake it in fleet size, focusing instead on profitability and growing Maersk’s land-based logistics side of the business, reports Splash247.

The top containerline

“If MSC ends up having more capacity than we do, that’s...

https://mfame.guru/maersk-head-to-focus-on-profitability-over-market-share/

Supply chain radar: Spoiler alert Mr Skou

One thing I’ve learnt is seldom to follow shipping company CEOs for salient insights into supply chain trades and trends.
That conclusion was reinforced when I read AP Moller-Maersk (APMM) CEO Soren Skou’s recent comments in The Financial Times (FT) which at the end of March published a story headed: “Suez blockage will accelerate global supply chain shift, says Maersk chief“.
Fair enough? All-in…
For a guy who rakes in Dkr43m all-in per annum …

The post Supply chain radar: Spoiler alert Mr Skou

https://theloadstar.com/supply-chain-radar-spoiler-alert-mr-skou/

CMA CGM steering LNG-powered ships to US

CMA CGM Chairman and CEO Rodolphe Saadé recently announced that the France-headquartered company would dedicate six liquefied natural gas-powered container ships to the U.S. market as part of its drive to propel the energy transition of the shipping industry.

The first of these six container ships, which each will have a capacity to carry 15,000 twenty-foot equivalent units (TEUs) will be delivered in October. All six will be operational by the end of 2022, CMA CGM said. The vessels will be...

https://www.freightwaves.com/news/cma-cgm-steering-lng-powered-ships-to-us

Maersk CEO’s View on Zero Carbon Fuel Target

Shipping and logistics giant AP Moller-Maersk expects the shift to zero-carbon fuels roughly to double its bunker costs, says an article published in ship & bunker.

Soren Skou Comments

The firm spent $3.835 billion on its bunker consumption last year, down from $4.566 billion the previous year.

CEO Soren Skou expects “we have to spend maybe double that amount” once it is buying zero-carbon fuels, news agency the BBC cited him as saying on Friday.

The company’s average bunker price was $372/mt last...

https://mfame.guru/maersk-ceos-view-on-zero-carbon-fuel-target/

Containerlines Register Improved Profits With Rising CCFI Index

Contract rates as measured by the 23-year-old China (Export) Containerized Freight Index (CCFI) have risen faster than ever recorded putting containerlines on course to register improved profits this year, even over 2020’s stellar performance, reports Splash247.

Lengthy Contracts 

However, latest data seen by Splash shows many shippers are baulking at signing lengthy contracts now, willing to wait till the market cools.

“For the Transpacific, we are not quite at record levels, but it is close. In...

https://mfame.guru/containerlines-register-improved-profits-with-rising-ccfi-index/

Maersk Posts Optimistic 2021 Outlook Despite Sizeable Bottleneck

Container shipping firms are locked in a “significant bottleneck” as resurgent global demand stretches capacity and drives up freight rates, Maersk CEO Soren Skou told CNBC Wednesday.

‘A challenging quarter’

Maersk, the world’s largest container shipping firm, missed its own fourth-quarter profit expectations Wednesday and posted a cautiously optimistic outlook for 2021 after an “exceptional while challenging quarter.”

Skou explained that after a 15% dip in Maersk’s volumes in the second quarter...

https://mfame.guru/maersk-posts-optimistic-2021-outlook-despite-sizeable-bottleneck/

Maersk Expects To Order Its First Carbon-Neutral Ship In 2023

Logistics giant AP Moller-Maersk, the owner of the largest shipping company in the world, expects to order its first carbon-neutral ship as soon as 2023.

Maersk CEO Soren Skou Comments

The company is likely to order smaller container ships at first while it gets accustomed to the new fuels, CEO Soren Skou said on a Global Optimism podcast released this week.

“Three years from now, we expect to buy the first order … the first series of maybe small container ships that we can operate in a defined...

https://mfame.guru/maersk-expects-to-order-its-first-carbon-neutral-ship-in-2023/

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