AP Moller-Maersk chief executive Vincent Clerc is implementing a standalone strategy at a tricky time for Danish liner giant with weaker container markets set to erode into the company’s profits this year.
But the new boss of the Copenhagen-based company argues now had to be the time to start disbanding the 2M alliance with MSC Mediterranean Shipping Company.
He argues his company cannot achieve its strategic goals within the traditional liner shipping alliance structure.
