Maersk Shutters China-based Container Factory

Thursday, January 3, 2019

Danish shipping group A.P. Moller-Maersk will shut a transport container factory in China and instead focus on producing refrigerated containers for food, it said on Thursday.

While the market for so-called dry containers has been squeezed by increased competition, demand for refrigerated containers has grown thanks to higher global demand for fresh produce and other commodities, Maersk said in a statement.

The company's Dongguan container factory, which has 2,240 employees and can produce 100,000 40-foot containers a year, has been idle since the beginning of December, Maersk said.

Maersk, the world's biggest container shipper, warned in November that a trade war between China and the United States would hit demand for container shipping in the coming years.


Reporting by Jacob Gronholt-Pedersen

Categories: Containers Reefer Intermodal

Related Stories

Raw Sugar Prices Reach Lowest in More Than a Month While Coffee Rises

USMMA Honors Top Graduates of Class of 2026

Inmarsat NexusWave Receives Cyber Security Type Approval From ClassNK

Current News

Port of Brownsville Welcomes Local, Industry Leaders at State Address

US Sanctions Cuban State Oil Company

Los Angeles Adopts $3.4 Billion Port Budget

Spiridon II Livestock Transport Organizer Due in Court

Subscribe for Maritime Logistics Professional E‑News