Maersk merges Maersk Line and Damco

Maersk merges Maersk Line and Damco

19-09-2018 12:00:00

As expected, A.P. Møller – Mærsk has decided to merge container-shipping company Maersik Line with logistics company Damco. The merger will be effective from January 1, 2019. COO of Maersk, Vincent Clerc will be leading the new unit.

"Today we take another step in the structural transformation of our business and how we comply to the market. The“Today we are taking further steps in the transformation of our business on a structural level and how we go to market, enabling us to offer more solutions to our customers in a simpler way. Our employees play a key role in making this happen and therefore we are at the same time empowering our frontline organisation who is closest to our customers”, says Søren Skou, CEO of A.P. Møller - Maersk.

The new unit will be marketed as ’Maersk products and services’, with current CEO of Damco, Klaus Rud Sejling, as Head of Maersk's Logistics and Services Products, with reference to Vincent Clerc.
The part of the current Damco that deals with freight forwarding business - serving customers in need of cargo by air, or multi-carrier solutions – will continue as an independent unit under the name Damco Freight Forwarding.

Saskia Groen In't Woud, who is currently COO of Damco, will become CEO of Damco Freight Forwarding.

From October 1, Maersk Line’s three regional feeder shipping companies MCC Transport, Sealand and Seago Line will be marketed under one name: SeaLand - A Maersk Company.

Source: A.P. Møller – Mærsk / Maritime Danmarlk

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