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

Port of Oakland Sets Renewable, Zero-Carbon Power Record in 2024, Secures Clean Energy Storage Agreement

AD Ports Group Signs Agreements with Nimex Terminals to Establish LNG, LPG Terminal Hubs at Khalifa Port

DP World Introduces Container Handling Technology at London Gateway

Current News

Matson Paid $6.4 million in Port Fees to China

Suez Canal Revenues Rise as Red Sea Tensions Ease

Egypt's Suez Canal Revenues Rise 14% as Red Sea Tensions Ease

Port of Oakland Sets Renewable, Zero-Carbon Power Record in 2024, Secures Clean Energy Storage Agreement

Subscribe for Maritime Logistics Professional E‑News