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Maersk Forwarding Unit Damco Plans to Boost Asia Staffing As Much As 15%
Maersk Forwarding Unit Damco Plans to Boost Asia Staffing As Much As 15%

Maersk Forwarding Unit Damco Plans to Boost Asia Staffing As Much As 15%


Bloomberg - Oct 17th 2011, 08:56

Damco, the freight-forwarding arm of AP Moeller-Maersk A/S, the world’s largest container-shipping line, plans to boost staffing in the Asia-Pacific region by 10 to 15 percent to expand in India and China.

The hirings will take place over “a couple of years,” Chief Executive Officer Rolf Habben-Jansen said in an interview on Oct. 11.

Damco plans to increase its business as it expects growth in Asia and aims to take a larger market share by providing better services, Habben-Jansen said. The unit expects 12 to 14 percent growth this year in the ocean freight-forwarding segment, which represents about 40 percent of its sales, compared with estimates for 6 to 8 percent growth in the world’s container cargo, Habben-Jansen said.

Copenhagen-based Damco employed about 4,800 workers in the Asia-Pacific region as of July, according to the company. It had net turnover of more than $2.7 billion last year, it said in a statement.  

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