Maersk lands in Shanghai: Danish shipping firm Maersk has launched a USD 140 mn logistics center in the Shanghai Lin-gang area, according to a press release published last week. The facility — which spans 113k sqm — boasts 147k sqm of storage capacity, enabling it to offer a comprehensive suite of services, including export and import distribution and fulfillment services.
Location matters: The new hub is strategically located near the Shanghai Yangshan port — which will enable Maersk to expand its logistics network as well as meet the growing demand for diversified trade solutions in China.