Danish shipping group Maersk has entered into a strategic cooperation agreement with state-run port and logistics park developer Shanghai Lingang Group to start a series of business collaborations.
Under the agreement, the two parties will jointly promote the development of Lingang industrial port area through cooperations in multiple areas including shipping and logistics, e-commerce, shipping finance, maritime law, insurance as well as digitisition.
“Maersk highly appreciates Shanghai’s multiple efforts to further open up and we expect to develop automated and digitised omni-channel logistics distribution center here with the support of Lingang Group to provide one-stop and customized service to our clients from Lingang, Yangtze River Delta and overseas,”said Robbert van Trooijen, president of Maersk Asia Pacific.
Lingang Group is the largest industrial park developer in Shanghai. In August, the State Council announced plans to double the size of Shanghai Free Trade Zone by adding Lingang, an area reclaimed from the sea. The Lingang area is roughly the size of the Hong Kong and is home to many manufacturers.