Shipping Is a Hot Topic

Shipping is an industry that is so invisibly essential to our lives, so much so that we might only think about it when something’s wrong. And the world has been talking a lot about the shipping industry since the start of the pandemic BECAUSE there are so many factors making their jobs very difficult. Supply chain issues, COVID restrictions, climate concerns, the invasion of Ukraine... to name just a few. In this episode, hosts Alan Murray and Ellen McGirt interview Søren Skou, the CEO of Maersk. Maersk is a Danish shipping and global logistics company that moves goods around the world, primarily by sea. Skou talks to Alan and Ellen about the challenges and opportunities presented by the global events of the last two years. Skou discusses how the pandemic, China’s stringent Covid regulations and the Russia’s invasion of Ukraine has impacted the supply chain and Maersk’s role in it. He also explains Maersk’s decision to withdraw its business from Russia after they invaded Ukraine, how Maersk plans to meet their goal of going carbon neutral by 2040 and what tech advancements consumers can expect from the shipping industry in the coming years.