“For Maersk Line, it is never great to compete with somebody who, by de...” — Soren Skou Quote

For Maersk Line, it is never great to compete with somebody who, by definition, can't go bankrupt.

Digitization and new technologies are rapidly changing all industries, forcing them to prepare for a tomorrow that is unpredictable. This also applies to the industry of container shipping, ports, and logistics, which largely has been driven by the traditional business models focused on optimizing how you move goods.

Port investments entail a lot of money, and having a partner who can share the risk makes a lot of sense. Often, it makes sense to have a local partner.

Predicting oil prices is anyone's guess.

Even if the technology advances, I don't expect we will be allowed to sail around with 400-meter long container ships weighing 200,000 tonnes without any human beings on board. I don't think it will be a driver of efficiency - not in my time.

It was always foolhardy for Republicans and conservatives to stake their objections to Obamacare on the number of sign-ups; Social Security is going bankrupt despite 100% enrollment. The reality is that Obama was always destined to hit his required numbers because, after all, he has the power of government to compel action.

Money and success haven't really changed my beliefs or opinions over the years. When I was growing up, my mum and dad split when I was 13 or 14, during the early-Nineties recession. At that time, my dad went bankrupt, and it played a huge part in it all at home.

If 'Obama-care' becomes fully implemented in 2014, it's going to bankrupt states.

This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation. Medicare and Social Security go bankrupt within ten years, we have a debt that is looming so high that in the last year of President Obama's budget just the interest payments on our debt is $916 billion dollars.