Early exposure fosters anti-corruption mentality
On International Anti-Corruption Day and every other day, Maersk stands up against corruption. New initiatives across the business are helping to nurture a collaborative anti-corruption mindset that employees carry with them throughout their careers.
The New Suez Canal was declared officially open 6 August 2015, and the first Maersk Line vessels have transited through. The enlargement of the canal has been completed in one year, and allows more vessels to pass in each direction. It has reduced the southbound transit time from 18 to 11 hours.
With 1.400 transits a year, Maersk Line is the Suez Canal’s biggest customer.
Maersk welcomes Suez Canal expansion
Maersk Group representative and CEO of Maersk Drilling Claus V. Hemmingsen attented the opening ceremony of the New Suez Canal 6 August 2015. He welcomes the expansion of the Canal.
“The Suez Canal is a key corridor in the East/West trade. Maersk has used the corridor for more than 90 years and we welcome the easier transit and reduced transit times that the new expansion will bring,” says Hemmingsen.
Egypt has all through the 20th and 21st century acted as the bridge between Europe and Asia thereby enabling global trade and growth. From 2004 to 2014, container volumes transported via the Suez Canal has grown around 70% and the expansion confirms the Suez Canal Authority’s continuous commitment to accommodating growth in trade.