Maersk Line, the largest shipping enterprise in the world, decided to stop operation in 10 Chinese ports to save costs, including Chizhou, Luzhou, Yingkou, Jinzhou, Rizhao, Yueyang, Lijiao, Taiping, Jiaoxin and Nansha old port.
“The purpose is to focus on the ports that we could offer the most benefits that in the end create growth, better service and opportunities for our customers,” Maersk Line said in a statement.
Maersk Line is currently represented in 41 locations in China, which has been recognized as the world’s factory since the late 1970s. In recent years, Chinese growth has slowed.