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Eivind Kolding

Eivind Kolding
Born (1959-11-16) 16 November 1959 (age 57)
Denmark
Nationality Danish
Occupation Former CEO, Danske Bank
Board member of Danske Bank (Chairman), A.P. Moller-Maersk Group

Eivind Drachmann Kolding (born 16 November 1959) is the former CEO of Maersk Line, the world's largest container shipping company. He is also the Chairman of the board at Danske Bank, which is the largest bank in Denmark. Kolding was appointed CEO of Maersk Line 1 July 2006, at which time he also became a partner at the A.P. Moller-Maersk Group. He is a member of the Executive Board of the company.

In 1983, he graduated as MA, Law from University of Copenhagen. He was admitted lawyer to the bar in 1986, and joined A.P. Moller in 1989. He has held positions as Managing Director of Maersk Hong Kong Ltd. and as CFO in the A.P. Moller-Maersk Group, from 1998 to 2006.

On a press conference in London on 21 February 2011, Eivind Kolding revealed that Maersk Line had just signed a deal with Korea's Daewoo Shipbuilding & Marine Engineering Co., ordening 10 gigantic vessels to be delivered in 2013-14. Each of these vessels will be capable of carrying 18,000 twenty foot containers, making them the largest container vessels the world has ever seen.

During the presentation in London, Eivind Kolding stated that the size and capacity of these vessels, at 400 metres long and 59 metres wide, will help reduce energy consumption and lower CO2 emissions far beyond what regulators imagined possible at that point. A website following the making of the vessels was also launched for the occasion, and the news caught worldwide media attention.

The name of the new vessel class is Triple-E. The three E's stand for "Economies of scale", "Energy efficient" and "Environmentally improved".

In June 2011 Maersk Line exercised its option with Daewoo to build an additional 10 Triple-E vessels.

On 7 June 2011 Eivind Kolding addressed the container shipping and logistics industry as the keynote speaker at the TOC conference in Antwerp, Belgium. He said that the container industry might be "only a few years from being completely overtaken" by new technology, and called for radical changes in the industry to “assure itself of a license to operate in the future.”

In his keynote, Eivind Kolding also pointed out what kind of radical changes he believes are necessary for the industry to survive. First, the reliability or on-time delivery of the carriers has to improve. Secondly, the industry has to be much easier to do business with. And thirdly, shipping companies need to focus even harder on the environmental impact of their operations.


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