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

Unresolved Issues Plague Vietnam-US Trade Talks

New Crane Tips Over During Delivery at Tuas Port

DFDS Reaches 10,000 Sailings in Türkiye

Current News

ICTSI Manila Trials EV Tractors

Russian Oil Freight Rates to India Ease Further With Increased Tanker Availability

Russia Grain Exports Plummet 63%

Singapore Ship Bunker Sales hit 16-month High

Subscribe for Maritime Logistics Professional E‑News