ShippingWatch

Maersk Asia sees "sound" 2013 continuing next year

2013 looks set to be a sound,  though not exceptional year for Maersk Line in Southeast Asia and the Pacific Region, CEO Thomas Riber Knudsen tells ShippingWatch.

2013 will by no means bring the growth rates for Southeast Asia and the Pacific Region that Maersk Line predicted at the beginning of the year. Growth in the key region will be half as big as predicted, or two to three percent this year compared to the four or five percent the carrier expected, CEO of Maersk Line in Southeast Asia and the Pacific Region, Thomas Riber Knudsen, tells ShippingWatch.

The region is home to a sizeable number of the ports on the carrier's key route, Asia-Europe, and these ports take the hit when growth slows down in the Asian economies.

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