Maersk fires CEO Soederberg
In the past few years AP Moller-Maersk has felt the pinch, with shipping rates coming under pressure and strong competition from other liner operators, particularly on the China trades. The company has begun introducing the world’s largest container ships, but any benefits from this have yet to be seen.
Andersen moves to AP Moller-Maersk on December 1, 2007 and will lead a company five times the size of Carlsberg. Two other senior executives will also be leaving the Danish shipping group after having submitted their resignations, but their names have not yet been revealed.
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