Container Shipping – Out of the Doldrums, Steaming Slowly Towards Profitability

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Container Shipping – Out of the Doldrums, Steaming Slowly Towards Profitability

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After many stormy years of over-supply and market volatility, container shipping seems to be heading towards calmer seas, with consolidation of supply through mergers, acquisitions and one big bankruptcy, coupled with an uptick in demand, but against a backdrop of increasing protectionism and the trend towards more regional supply chains.
What does this mean for container shipping? Can shippers and forwarders expect more stability? And what will be the impact on freight rates?

Industry leader Tim Smith will discuss the challenges and opportunities for Container Shipping, discussing the latest industry dynamics and market trends, including the latest developments in globalisation, consolidation and digitisation.


About the Speaker

Tim Smith graduated in 1985 from the University of Oxford with a BA (Hons) 1st class in Geography. He has worked in the container shipping industry for over 30 years, for much of that time in Asia, including 16 years living in Hong Kong. Initially with P&O Containers and then P&O Nedlloyd, Tim has been with the Maersk Group since their acquisition of P&O Nedlloyd in 2005.

From 2008-2015, Tim held the role of Chief Executive of the North Asia Region, for Maersk Line. Tim was responsible for all aspects of Maersk Line’s business in Japan, Korea, China/HK and Taiwan, which together contribute more than 35% of the global Maersk Line throughput, and a turnover in excess of US$10bn. The country and functional managers reporting to Tim were responsible for sales and marketing, operations, customer service, finance, HR, IT and administration.

In July 2015, Tim relocated to Beijing, China and assumed a new role as Chairman of Maersk China, and Chief Maersk Group Representative for North Asia. Reporting to Maersk Group Chief Executive Soren Skou, in this role, Tim is responsible to maximize the Group’s commercial opportunities across all its various business units in the Asia region, as well as for risk management and compliance, and leadership development.

Member $ 400.00 HKD
Non-Member $ 470.00 HKD
  • Reservations in advance are required. Please consider your booking confirmed unless notified otherwise.
  • Business Attire is required by the Hong Kong Club. No jeans or sports shoes.
  • Cancellations must be made in writing 24 hours prior to the event. No shows will be charged.
  • This event is closed to the media.
  • The event will be cancelled if the No.8 Typhoon signal or the Black Rain Storm warning is in force.
  • For further information please email
  • Please make cheques payable to: "The British Chamber of Commerce in Hong Kong" & send it to Room 1201 Emperor Group Centre, 288 Hennessy Road, Hong Kong

Container Shipping – Out of the Doldrums, Steaming Slowly Towards Profitability

Tue, September 19, 2017
08:00 AM - 09:15 AM

Tim Smith, Chairman China & Chief Representative North Asia Region, Maersk Line; Chairman of the Hong Kong Liner Shipping Association

Victoria Suite, The Hong Kong Club, 1 Jackson Road, Central. Hosted by Andrew Seaton
Contact Person:
Yammie Yuen
Contact information:


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