News / Economic growth triggers strong demand for intra-Asian box trades

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Asia Pacific economic growth and supply chain diversification is spurring strong demand for intra-Asia container trades, with a flurry of new services launched in June.

A new whitepaper from Maersk has highlighted the extent of Asia Pacific’s trade growth, noting the region’s “meteoric rise as a consumption market” has prompted 50% growth in intra-Asia exports since 2019.

“This includes a quadrupling of e-commerce during the past three years, which is further expected to grow to $300bn by 2025,” Maersk added.

“The shift towards ...