Now available in New York, Texas, Florida, New Jersey, and Georgia Florham Park, New Jersey - Maersk Line is introducing a new service to its customers looking to finance their global trade while getting the best service possible from their carrier. Maersk Trade Finance is a new customer-centric, ocean transportation financing product that combines containerized transportation services with trade financing. Available in Singapore, India, Spain, the Netherlands, and now the United States, customers have the benefit of working with a financially stable shipping partner while having a fast, convenient trade financing solution for their global shipments.  Maersk Trade Finance will initially 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 Trade Finance offers importers and exporters significant benefits including:
  • Easy access to capital to finance their business needs when they need it
  • Credit worthiness is determined quickly and considers both shipper’s financials and shipping history with Maersk Line 
  • Simple, end-to-end digital solution, removing the paper trail from traditional financing options  
  • Faster release of funds at gate-in, vs. when documents are submitted
  • Avoid the collateral trap - the only collateral required is shipping with Maersk shipping companies
 This one-stop shop concept of Maersk Trade Finance provides a more effective way to manage the ocean leg of end-to-end global supply chains, both financially and operationally.  “Maersk Trade Finance 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.  As an industry leader in financial stability, we’re a dependable partner for the long haul reducing risk and delivering innovative solutions, like Maersk Trade Finance,” said William Duggan, Head of Maersk Trade Finance, Maersk Line North America.