Maersk signed the Land Grant Contract with the administrative committee of Lin-gang new area of the Shanghai Free Trade Zone in late December 2022. This marks the official landing of Maersk’s first green* and smart flagship logistics centre in China. With a total investment of 174 million US dollars, the project is expected to start operation in Q3,2024. Covering an area of approximately 113,000 sqm, the Lin-gang flagship logistics centre is designed to have a warehousing storage of 150,000 sqm, comprising four ramped 3-storey high standard warehouses and one 24-metre-high warehouse with automated storage and retrieval system (AS/RS). It will provide customers with a wide range of integrated logistics services, including international export consolidation, regional and global order fulfillment and distribution, cross border e-commerce and other value-added logistics services. (....)