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Calls for more Red Sea protection ‘unsuccessful’, says Maersk CEO Clerc

Danish giant also drops out of bidding for logistics giant DB Schenker, saying timing is not right

Maersk CEO Vincent Clerc says governments need to understand that businesses are being crippled by increased costs as a result of diversions around southern Africa.
Maersk CEO Vincent Clerc says governments need to understand that businesses are being crippled by increased costs as a result of diversions around southern Africa.Photo: Ian Lewis
TradeWinds correspondentSingapore
Published 2 July 2024, 01:59Updated 3 July 2024, 10:36
Red Sea crisisMaerskVincent Clerc