Tag: Maersk

Maersk teases Indonesia shipping cap with $3 billion expansion plan

The Danish shipping conglomerate wants to invest USD 3 billion on its logistics business in Indonesia but the country’s shipping laws are standing in the way of it. An Indonesian law from 2008 states that only domestic shipping firms are allowed to transport cargo between islands in the archipelago. Another law states that only Indonesian vessels…

Danish Foreign Affairs Minister very satisfied with Vietnam visit

Danish Minister for Foreign Affairs Mr. Kristian Jensen has completed an official visit to Vietnam on 11 – 12 October, covering both Hanoi and Ho Chi Minh City. During the two days the Minister held various meetings with Vietnamese leaders to discuss measures in promoting the bilateral comprehensive partnership. He also visited Danish companies to…

Maersk remains stable in Singapore

Maritime Singapore is built on three pillars, according to Rene Piil Pedersen, group representative Singapore/Asia-Pacific, Maersk Group and managing director, AP Moller Singapore Pte Ltd. These are competitiveness, that is, a globally competitive taxation scheme, ease of doing business, etc; stability, ie, a consistent, long-term transparent government policy executed by competent government and institutions, rule…