Shell will cut 7,000 to 9,000 jobs as part of a large-scale business transformation aimed at making the company sustainable. The oil major wants to grow its chemicals and biofuels production while also looking at the development of new, low-carbon products. The job...
Maersk is carrying out a major reorganisation aimed at “streamlining” the organisation, which is said to have nothing to do with Covid-19. The Danish group reports this in an advisory to its customers. Maersk confirms that the Safmarine brand is...
Royal Dutch Shell is preparing a major reorganisation in response to the new oil crisis, which sees the company write off at least 20 billion dollars in assets in the previous quarter. ‘We will likely get out of this crisis with scratches, but I want to be...
Damen Shipyards still has to deal with loss-making projects this year. When entering into these assignments, an incorrect or, in retrospect, over-easy assessment of the risks was made, says CEO Arnout Damen. The company will also refrain from building cruise ships....
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