EUROPE

Terminals and lines need to work together says ex-Maersk CEO

17 years ago

Low levels of growth and reduction in revenue brought about by the global economic crisis can only be combated by terminal operators and vessel owners working together, claims Christian Moller Laursen, the financial director of APM Terminals.

APM customers, he said, are bleeding and there is no solution in sight. APM Terminals experienced a 9% downturn in volumes handled in 2009, he added, although there have been signs of improvement as from the third quarter of last year.