Chief trade and marketing officer VincentClerc told Bloomberg TV that the Danish containership owner was looking at howto cut costs and tackle industry over-capacity.
“We have different tools in our toolbox toactivate,” he added. “We have to look more at how we operate the fleet, at thespeed of services.”
China’s ministry of commerce blocked thedeal this week over competition concerns.
Clerc said owners need to confront theprospect of falling prices and vessel-oversupply for years to come.
Analyst
