Maersk retires Safmarine and Damco brands in restructuring

Safmarine will be integrated into Maersk while the Damco brand’s air and less than container load (LCL) offering will be combined with Maersk’s logistics and services products as the Danish conglomerate looks to boost its end-to-end service delivery.

The restructuring means that by the end of 2020, the Safmarine and Damco brands will no longer be marketed, while Maersk will also look to simplify its organisational structure across Ocean and Logistics by integrating the back offices of Maersk and Hamburg Süd.

According to the company, these changes represent a major step towards becoming an integrated container transport and logistics company, connecting and simplifying customers’ supply chains.