Maersk CEO Skou Doesn’t Expect Trade Growth to Pick Up in 2020

Maersk CEO Skou Doesn’t Expect Trade Growth to Pick Up in 2020

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the environmental impact of shipping, emphasizing its low CO2 emissions compared to other transport modes. It outlines the industry's goal to achieve zero emissions by 2050 through alternative fuels like alcohols and ammonia. The strategic planning required for such a transition is highlighted, considering the long lifespan of shipping assets. The video also examines the impact of changing trade dynamics, noting a slowdown in trade growth post-financial crisis. Geopolitical factors, such as the Malacca Strait's significance, are discussed, along with recent changes in freight rates due to cleaner fuel adoption.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are affecting the movement of capital goods in trade?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current state of container freight rates and what has influenced their change?

Evaluate responses using AI:

OFF