Why Maersk Tankers believes scale matters in shipping

Shipping is too small. The inefficiency of shipping’s fragmented approach to ownership and operations has been holding back innovation and operational efficiency. That much is obvious, but for all the promise of inevitable consolidation, it hasn’t happened. Not in a meaningful way. But Maersk Tankers wants to change that. Having completed a pretty radical series of asset sales and spin offs, the simplified restructured Maersk Tanker wants to achieve what others have only talked about - efficiency and optimisation of the tanker sector through a scaled operation that applies digital tools to not only deliver better financial results, but also take a long step forward towards decarbonisation. Now that sounds idealistic, but over a series of conversations, first with Maersk Tankers chief executive Christian Ingerslev in London and earlier in New York with chief commercial officer Eva Birgitte Bisgaard, we found the arguments to be compelling. Certainly compelling enough to warrant putting out a brief mid-week edition of the podcast to accompany an interview which has been published on Lloydslist.com – you can find it here: https://lloydslist.maritimeintelligence.informa.com/LL1142641/Efficient-shipping-requires-scale-says-Maersk-Tankers The usual Friday edition of the podcast will still be coming out, but we hope this mid-week interruption offers you some food for thought.