Jacob Meldgaard believes Danish shipping companies can survive the coronavirus crisis, despite the pessimistic outlook revealed by a new survey of bosses.
The Torm chief executive, speaking in his capacity as chairman of shipowners' organisation Danish Shipping, pointed to the low newbuilding orderbook as the major positive for the sector.
Danish Shipping asked chief executives to sum up their prospects for 2020 and 62% said their revenue would fall.
