Tag: Maersk

COSCO tops global container carriers in Q3 2017 by volume, Maersk #2

COSCO Shipping

In Q3 2017, COSCO Shipping has overtaken Maersk Line by container liftings for the first time, becoming the world’s container carrier #1, informs Splash24/7 quoting the liner shipping research agency Alphaliner. The Chinese container giant COSCO Shipping, which merged with China Shipping in early 2016, reported 5.49 mln TEU of loaded volumes in the third […]

Former Maersk CEO joins Unifeeder as Chairman of the Board

Unifeeder

Unifeeder, the largest European operator of feeder and shortsea container shipping services, has announced this week the appointment of Nils Smedegaard Andersen, former Group Chief Executive Officer of A.P. Moller – Maersk A/S, as new Chairman of the Board of Directors. At this post, he succeeds former Hapag-Lloyd CCO Jesper Præstensgaard who takes up the […]

Maersk to use blockchain in maritime insurance

blockchain-based shipment

A.P. Moller-Maersk in collaboration with Microsoft, Ernst & Young and the data security company Guardtime have developed a blockchain-based marine insurance platform, reports Reuters. The product has successfully passed a 20-week proof of concept trial and is to be launched in January 2018, when A.P. Moller-Maersk begins using it for some areas of its business, […]

Severe cyber-attack hits APM Terminals, Maersk Line

cyber attack

On Tuesday 27 June, A.P. Moller-Maersk was hit as part of a global cyber-attack named Petya, affecting multiple sites and select business units, announced Maersk on Twitter. According to its update at 23:00 CEST, the company continues to “assess and manage the situation to minimise the impact on the customers and partners”. Earlier that day […]

CMA CGM acquires Mercosul from Maersk Line

CMA CGM Mercosul

CMA CGM has announced it reached a binding agreement with Maersk Line to acquire Mercosul Line, a leading player in Brazil’s domestic container shipping market. Earlier this year, Maersk Line declared the intention to sell its Brazilian cabotage carrier in order to remove any possible concerns from competition regulators over its acquisition of German shipping […]

Qatar container services being restored

APMT Salalah Oman

Qatar container shipping has been gradually recovering from last week’s disruption caused by the United Arab Emirates, Saudi Arabia and some other Arab countries closing their ports to all vessels traveling in and out of Qatari ports. This resulted in the suspension of container services with Qatar by many shipping lines, such as Maersk Line, MOL, […]

Maersk loses EUR 12 mln in Spanish port strikes

Maersk Line

Maersk Line has estimated that 10 weeks of dockworkers conflict in Spanish ports in February-March 2017 resulted in EUR 12 mln of direct operating costs for the company, not including the loss of customers caused by the crisis, informs Spain’s El País quoting the company’s official statement submitted to the country’s government. Once Spanish stevedores […]

Maersk and IBM introduce blockchain in shipping

blockchain-based shipment

Yesterday Maersk and IBM unveiled a new mutual project to develop a new solution based on blockchain technology to manage transactions between shipping lines, shippers, freight forwarders, ports and customs. The product is said to be available already later this year. Applying innovative blockchain technology, known also as the basis for the Bitcoin virtual money, […]

Next Page »