Maersk Line sees intra-Asia trade growing 3-5% in 2016

Singapore

MAERSK LINE remains positive about prospects in intra-Asia and South-east Asia trade despite a slowdown in China's economic expansion and these will support its staff numbers in Singapore.

Maersk Line's group chief operating officer Soren Toft said at a media roundtable on Tuesday that intra-Asia trade is expected to grow 3-5 per cent in 2016, higher than its global forecast of 2-4 per cent.