Double-digit growth for its Asian shipments of palm oil, sugar and rice to Africa this year is expected by Maersk's Asia operations chief Thomas Knudsen, Reuters reports.
"We are seeing more cargo moving in containers pretty much everywhere in Africa - East Africa, South Africa and West Africa," he said on the sidelines of a Singapore industry conference. "Africa is strong for commodities."
Mr Knudsen said the Danish shipping giant has noted the more active trade with Africa has compensated for lower volumes on Asia-Europe routes as economic growth becomes sluggish in the developed world.
Maersk, France's CMA CGM, NYK Line, and other majors, have also introduced Africa-bound loops or added ships to existing ones this year.
While Maersk was happy with its performance in China, Mr Knudsen said: "What we have seen is business migrating from the southern part of China towards the east and north, so perhaps a change in sourcing patterns."
"We are seeing more cargo moving in containers pretty much everywhere in Africa - East Africa, South Africa and West Africa," he said on the sidelines of a Singapore industry conference. "Africa is strong for commodities."
Mr Knudsen said the Danish shipping giant has noted the more active trade with Africa has compensated for lower volumes on Asia-Europe routes as economic growth becomes sluggish in the developed world.
Maersk, France's CMA CGM, NYK Line, and other majors, have also introduced Africa-bound loops or added ships to existing ones this year.
While Maersk was happy with its performance in China, Mr Knudsen said: "What we have seen is business migrating from the southern part of China towards the east and north, so perhaps a change in sourcing patterns."