马士基大中华区总裁丁泽娟：转型一体化物流应对贸易复杂形势

Core Viewpoint - The future of trade relies on infrastructure development, with Maersk's CEO highlighting the resilience of global trade despite economic challenges, as container shipping demand grew by approximately 7% last year and is expected to grow by 4% this year [1] Group 1: Financial Performance - In Q3, Maersk reported revenue of $14.2 billion, a year-on-year decline of 9.9%, primarily due to the shipping segment's performance [1] - Although shipping volume increased by 7% year-on-year, a significant drop in freight rates by 31% led to an 18% decline in shipping revenue [1][3] - The logistics segment saw revenue growth, with an EBIT margin improvement to 5.5%, positively impacting overall performance [3] Group 2: Strategic Initiatives - Maersk has accelerated its transformation towards integrated logistics since 2017, aiming to mitigate the cyclical nature of traditional shipping [1] - The opening of the flagship logistics center in Lingang is a significant milestone for Maersk's integrated logistics strategy in China, enhancing its international fulfillment capabilities [3][4] - The logistics center, with an investment exceeding $1 billion, features 147,000 square meters of storage space, equivalent to a vessel carrying over 6,000 standard containers [4] Group 3: Market Trends and Future Outlook - Analysts predict that many shipping companies may face quarterly losses next year, while Maersk is closely monitoring the situation in the Red Sea for potential route resumption [3] - The logistics sector's revenue growth is driven by improved cost control and productivity, with a focus on middle-mile delivery, warehousing, and e-commerce fulfillment [3][6] - The integration of domestic and international trade logistics is emerging as a significant trend, with Maersk adapting to the evolving complexities of global trade [6][7]