Maersk Lines shifts its Asia Pacific Headquarters to Hong Kong.
The two Asian` regions of Maersk, Asia Pacific and North Asia is merged and holds its new Headquarters at Hong Kong. This reconstructive measure is a mark of massive spending cuts including slashing its global headcount by at least 4,000 and nixing 240,000 TEU of new build options.
This new office will be headed by Robbert van Trooijen, a former P&O Nedlloyd employee.
Divisions of Maersk’s intra-Asia specialist MCC Transport remain in Singapore while the rest are moved to its new headquarters.
Increasing costs at Singapore is cited as the reason for this mega move.
Maersk being Singapore’s largest shipowner in deadweight terms has moved its HQ to focus on its commercial organisation. This relocation has made its organisation much leaner and simpler.
Lars Mikael Jensen, who has headed up Maersk Line’s Asia Pacific operations from Singapore since 2014, returns to Copenhagen to take up a management position within the operations department.
Source: Singapore Business Review