Maersk wants bigger share in China
SHIPPING: Maersk Line wants a larger share of shipments generated from imports to China, as the country's economic growth pattern translates to stronger domestic demand, says Maersk Lines CEO for the North Asia region.
"We will put more sales and customer service staff in the import market", says Tim Smith, CEO, Maersk Line North Asia region.
"This is very much linked to the intra-Asia market because a lot of China's imports come from different parts of Asia. China imports raw materials or partly processed goods, assembles them and sends them for export. So we are trying to combine the intra-Asia imports with exports".
The transported volume related to China increased by more than 10 percent, 3 percentage points higher than the global gain, contributing 25 percent of the company's global volume and 35 percent of its total export volume.
"We've seen a development in the import market in China that will help the overall demand. We are looking at that very closely", Smith says.
Source: China Daily / maritimedanmark.dk