Global shipping giant A.P Moller-Maersk has announced a merger with Damco that will result in a one-stop-shop for customers looking to ship goods globally.
Damco Supply Chain Services and Maersk Line’s Ocean Product will now operate as a single unit as of 1 January 2019, and their respective value-added services will be combined and sold as Maersk products and services.
“This will ensure an improved customer experience with fewer touchpoints and a more comprehensive service offering,” Maersk says in the announcement.
Vincent Clerc, chief commercial officer of Maersk will lead the integrated commercial organisation.
CEO of Damco, Klaus Rud Sejling, will take on the new role as head of Maersk’s logistics and services products.
Damco’s freight forwarding business, which serves customers requiring air freight or multi-carrier options in ocean freight, will continue to be run as a separate and independent business under the Damco brand.
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By GlobalDataSaskia Groen In’t Woud will be the CEO of Damco Freight Forwarding. She is currently chief operating officer in Damco.
By allowing Damco to focus fully on freight forwarding, A.P. Moller-Maersk says it aims to build a “well-performing and global freight forwarding business that can grow and prosper”.
Søren Skou, CEO of A.P. Moller-Maersk said: “Today we are taking further steps in the transformation of our business on a structural level and how we go to market, enabling us to offer more solutions to our customers in a simpler way. Our employees play a key role in making this happen and therefore we are at the same time empowering our frontline organisation who is closest to our customers.
“This integration marks a big milestone on Maersk’s current growth journey towards operating as one integrated company. We are in a strong position to deliver solutions that meet our customers end-to-end supply chain management needs, thereby tapping into markets covering the whole journey from producer to consumer by building on our business strengths.”