AP Moller-Maersk CEO on Coronavirus, Low-Sulfur Fuel, Climate Change

The transcript discusses the impact of coronavirus on global supply chains, container rates, and capacity adjustments. It highlights the transition to low sulfur fuel and its implications for costs and sustainability. The conversation also covers the future of green fuels, industry consolidation trends, and the strategic focus on growing landside logistics and ports businesses.

What is the expected timeline for a rebound in trade after the coronavirus impact?

• April and May

• February and March

• August and September

• June and July

How has the coronavirus affected the supply chains in Southeast Asia?

• Improved efficiency

• Disruption due to dependency on China

• Reduced demand for raw materials

• Increased production

What seasonal pattern is observed in container rates?

• Stable throughout the year

• Random fluctuations

• Decrease before Chinese New Year

• Increase after Chinese New Year

What is the industry's response to the increased costs of low sulfur fuel?

• Reducing fuel usage

• Passing costs to customers

• Switching back to high sulfur fuel

• Absorbing all costs

What fuels are being considered for a sustainable future in the industry?

• Diesel and gasoline

• Alcohols and ammonia

• Coal and natural gas

• Nuclear and solar

What is the industry's target for carbon neutrality?

• 2050

• 2060

• 2030

• 2040

What is the focus of the industry in terms of business growth?

• Increasing air freight

• Growing landside logistics

• Developing space travel

• Expanding ocean shipping