A.P. Moeller-Maersk A/S (MAERSKB), owner of the world’s biggest container-shipping company, plans to add more vessels to its Singapore base after making the city-state its biggest hub after the headquarters in Denmark.
Maersk has about 120 ships under the Singapore flag, the most after 180 in Denmark, Thomas Knudsen, president of the Maersk Line Asia Pacific region, said in an interview yesterday. Additions to Singapore have come at the expense of Hong Kong, where the company now has about 40, he said. Full story
