David Skov News

A.P. Moller – Maersk (Maersk) announces an intended acquisition for its subsidiary Maersk Training of the Norwegian company, ResQ, a supplier of safety training and emergency preparedness in Norway.ResQ has five survival centers in Norway to cater for training in the North Sea and offers more than 70 course titles, while the crisis management part consists of a full emergency response setup. ResQ has 67 permanent employees and over 300 temporary resources spread across the country."ResQ is a well-managed business with renowned competencies within training services.

Maersk Training has named David Skov as its new CEO as the firm looks to expand its presence in the worldwide offshore energy and maritime markets.Skov was previously Regional Head of Terminals, Africa & Middle East at APM Terminals, part of A.P. Moller – Maersk. He replaces Johan Uggla, who served as Maersk Training’s CEO for four years.Skov has been with A.P. Moller – Maersk since 1995, where he joined the Maersk International Shipping Education program and has since served…

Capacity management is firmly on the minds of Maersk executives as the largest container ships in the world steam into service. Photographs of Maersk Line’s 18,000 TEU ships are flooding in from ports around the world as the carrier phases its giant new vessels phase into the AE10 string between Asia and North Europe. It’s a “Where’s Waldo” with maritime characteristics. Shanghai, Ningbo, Yantian, Hong Kong, Tanjung Pelepas, Rotterdam, Aarhus, Gdansk – the giant Triple-E Class…

China's decline in exporting this year may be a consequence of it becoming a manufacturer of more sophisticated products. Soren Skou, CEO of Maersk Line, the container unit of the Danish shipping conglomerate AP Moller-Maersk Group, said that China's slowing trade growth suggests that the country "may have lost some of its competitiveness in some areas of the manufacturing sector", particularly in light industry, such as the production of toys, shoes and garments, as more companies have moved their manufacturing to neighboring Southeast Asian countries including Vietnam. But Skou said the trend also makes clear that "Chinese companies are trying to move up the value chain to produce more expensive goods" in sectors including solar energy…

Talk about ups and downs. In 2009, the container shipping industry lost US$16 billion. In 2010, it made a profit of $20 billion, and last year was back in the red ink business with an $8 billion loss. This year? Break even is about the best prediction available even with a surge in freight rates as general rates increases (GRIs) imposed by the carriers in the first few months have largely stuck. By May, shipping lines on the Asia-Europe trade saw rates surge to 2010 levels with solid spot increases being reported on the transpacific.