EuropeOperations

Maersk eyes land-based acquisitions

Maersk is looking at land-based acquisitions next year as it moves to take greater control of global supply chains. Speaking with the Financial Times earlier this week, Maersk’s chief executive Soren Skou outlined plans to bolster investments in sectors such as trucking and warehousing.

“The future will be very much about scaling the land side of the equation . . . We for sure have to do some acquisitions in the logistics space, primarily to gain capability and scale,” Skou said.

The Maersk executive explained: “Our vision is that customers can buy everything they need for their global supply chain from Maersk.”

Under Skou’s watch, Maersk has shed its energy-related businesses to focus on its container-related investments.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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