One of the Leading Shipping and Logistics companies A.P. Moller – Maersk held a ceremony on Tuesday for its $15 million integrated logistics warehouse project in Shanghai, China, as the company puts more emphasis on the Chinese market. The flagship logistics centre is located in the Lin’gang New Area of the Shanghai Free Trade Zone and is scheduled to be completed in the third quarter of 2024. The facility is 113000 square metres in size and can hold 150,000 square metres of storage space for warehousing. After completion, it will offer customers a wide range of integrated logistics services, such as cross-border e-commerce, international export consolidation, regional and global order fulfilment and distribution, and other logistics services with value added.
Maersk is consistently improving its logistics capabilities to provide extensive, integrated solutions to customers all around the world
Maersk is consistently improving its logistics capabilities to provide extensive, integrated solutions to customers all around the world. Shanghai plays a crucial role in the Maersk global network. Due to Lin’gang’s close proximity to Shanghai’s Yangshan Port, one of the busiest container ports in the world, and its supportive free trade regulations, Maersk’s new logistics centre will be able to offer flexible and sustainable solutions, while interconnecting with customers and simplifying their supply chains. Last year marked the official arrival of Maersk’s first green and smart flagship logistics centre in China when the business signed the Land-Grant contract with the administrative committee of Lin’gang New Area.
The flagship facility will use advanced environment-friendly materials in its construction and will be installed with solar panels and a rainwater management system to maximise efficiency in terms of water and energy use, according to the Maersk firm. To further reduce its impact on the environment, the new centre will also be fitted with low-carbon features like natural ventilation and non-fossil energy heating systems.
Shanghai plays a crucial role in the Maersk global network
The establishment of the new facility is just one component of Maersk’s ongoing expansion in China, which is rapidly emerging as a major force in the world shipping market as a result of its resilient economic and trade growth.
According to specialised statistics, the total value of China’s goods trade in 2022 was 42.07 trillion Yuan (China’s currency), a record high, and the nation continued to hold the title of the world’s largest trader of goods for a 6th consecutive year. And the country has also a share of around 30% of the global seaborne trade, so international industry players are focusing more on China’s booming market. Companies like Maersk are paying increasing attention to other significant ports, such as Shenzhen in the Guangdong province of South China.