Maersk CEO Sees Little Impact From Brexit

The transcript discusses global trade trends, challenges in the shipping industry, and geopolitical impacts on trade. It highlights the complexities of managing shipping capacity, the effects of Brexit, and the role of globalization. The conversation also touches on the state of shipbuilding and the future of the industry, with a focus on Maersk's operations and strategic decisions.

What was the growth percentage of global trade in volume last year?

• 8%

• 2%

• 6%

• 4%

What was a major challenge for the shipping industry over the last decade?

• Increasing fuel prices

• Balancing supply and demand

• Technological advancements

• Environmental regulations

How does the speaker describe the risk to merchant shipping in the South China Sea?

• No risk and no restrictions

• High risk due to environmental factors

• Moderate risk due to geopolitical tensions

• High risk due to piracy

What is the speaker's view on the impact of Brexit on their shipping business?

• Significant impact on UK-EU trade

• Minimal impact on their business

• Complete halt of operations

• Increase in shipping costs

Which countries are currently leading in merchant shipbuilding?

• Australia, Canada, UK

• Japan, Korea, China

• United States, Germany, France

• India, Brazil, Russia

What is the company's plan for its drilling unit?

• De-merge the unit in 2019

• Merge with another company

• Expand operations in Asia

• Close down the unit

What is the expected duration for a Maersk ship to travel from the United States to China?

• Several months

• A couple of weeks

• A month

• A few days