CEO of world’s biggest shipping line: “We believe that global growth is slowing down”
Nils Smedegaard Andersen, chief executive officer at A.P. Moeller-Maersk:
- "We believe that global growth is slowing down
- Trade is currently significantly weaker than it normally would be under the growth forecasts we see"
- We conduct a string of our own macro-economic forecasts and we see less growth -- particularly in developing nations, but perhaps also in Europe -- than other people expect in 2015," Andersen said. Also for 2016, "we're a little bit more pessimistic than most forecasters."
Moeller-Maersk is cosndiered s a bellwether for global trade. the company handles about 15% of all consumer goods transported by sea