Maersk Line’s decision to acquire the world’s seventh-biggest container company comes at the right point of the industry cycle, according to chief executive Soren Skou.
Speaking at a conference call shortly after the landmark Hamburg Sud deal was announced, Skou gave more details about Maersk’s move, focusing on synergies and timing.
Skou said: “The timing of the transaction is right from the point of view of the cycle and the state of the industry.
“For
