Maersk prepares for new China

A.P. Moeller-Maersk is preparing for a Chinese economy fundamentally different from the current one, over the next ten years, says CEO Nils Smedegaard to Bloomberg.

BY JAKOB VESTERAGER

Published: 12.11.12 at 13:29

As China goes after bigger growth, with a focus on consumer demand instead of relying on exports, the country becomes more interesting for companies such as A.P. Moeller-Maersk, which believes that China will need significantly bigger import over the next decade, writes Bloomberg.

“We are investing in our China outfit, as we’re in the process of building a big organization there so that we can help customers who are interested in exporting to China,” says Niels Smedegaard to Bloomberg.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

Access all locked articles
Receive our daily newsletters
Access our app

Start a free company trial today

"The challenges we face as an industry require more skills and competencies"

Foto: Lucy Nicholson/Reuters/Ritzau Scanpix

They are a generation of future maritime leaders shaped both by Covid-19 and shutdowns and now by a world filled with tension. Four potential future managers enrolled in the Blue MBA program give their take on why it is important to improve your skills.

Leading shippers prepared to pay 10% extra for sustainable transportation

Shippers are willing to pay more for ”green” transportation if it’s reliable. But they have to state their wishes more clearly, and prices have to be lowered, writes McKinsey in a new report, which provides suggestions for how to accelerate decarbonization.