16 Juni 2017

[160617.EN.BIZ] Maersk Trade Finance Offers Shippers Ways of Financing Overseas Deals

MAERSK Line, the world's biggest, is now offering ways to finance trade deals through easy access to capital, easier ways to establish credit worthiness and a simple computer system that removes paper trails.

Maersk Trade Finance is a new customer-centric, ocean transportation financing product that combines container transport with financing, reports the American Journal of Transportation.

Available in Singapore, India, Spain, the Netherlands and the United States, Maersk Trade Finance will be launched in New York, Texas, Florida, New Jersey, and Georgia effective immediately.

Maersk Trade Finance is one of many new integrated solutions Maersk Line will deliver in the coming years to improve the customer experience.

Maersk claims to offer a one-stop shop providing a "more effective way to manage the ocean leg of end-to-end global supply chains, both financially and operationally".

Said Maersk Trade Finance product chief William Duggan: "This is an exciting new product that unites the flow of goods and finances to support and strengthen the importing and exporting ambitions of businesses shipping throughout the world."

Source : HKSG.

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