Maersk to invest $500mn in Southeast Asia supply chain

Market: Biofuels, E-fuels, Emissions, Oil products
04/12/23

Danish shipping giant Maersk said today it will invest over $500mn in its supply chain infrastructure in southeast Asia, including in 'green' fuels.

The company aims to optimise its warehousing and distribution by increasing its haulage truck capacity, adding 480,000m² of warehouse space by 2026. The investment will also cover the construction of green fuel infrastructure, and the addition of electric vehicles in transport by mid-2024.

The investment will mainly target Maerk's logistics and services arm, but the company will also expand its maritime network and establish a green fuels infrastructure for its future fleet, it said.

By Anya Fielding

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