Maersk Settles Rape Case That Raised Awareness of Struggles of Women Seafarers November 21, 2022 By Christian Wienberg A US unit of A.P. Moller-Maersk A/S said it settled a sexual assault lawsuit with a former employee, ending a...
World’s Cargo Ships Are Sailing Into Supply Chain Disruptions via Climate Risks: Report March 21, 2022 By Eric Roston Dangerous, expensive disruptions to shipping and many of the world’s roughly 3,700 ports are on the rise along with global...
Container Shipping Giant Maersk Speeds Up Decarbonization Target by a Decade January 14, 2022 COPENHAGEN – Container shipping giant A.P. Moller-Maersk now plans to achieve net zero emissions in its business by 2040, a...
First Blockchain for Marine Insurance Now Running May 25, 2018 By Andrew G. Simpson A blockchain that is said to be the first for $30 billion marine insurance is now in commercial use, according...
Blockchain Revolution to Hit Shipping Industry – with Potentially Huge Cost Savings April 19, 2018 By Kyunghee Park Globalization has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and...
Biggest Scandinavian Bank Lowers Debt Costs for Firms with Strong Cyber Defenses March 28, 2018 By Frances Schwartzkopff Nordea Bank AB will start pricing debt products to reflect threats to data as the scandal engulfing Facebook Inc. redefines...
EY, Maersk and Microsoft Create Blockchain-Based Marine Insurance Platform September 6, 2017 By Jemima Kelly Consultancy EY, data security firm Guardtime, Microsoft and ship operator Maersk have joined to build a blockchain-based marine insurance platform...
NotPetya Cyber Attack Cost World’s Biggest Container Shipping Line up to $300M August 17, 2017 The June cyber attack that paralyzed the computer systems in companies around the world is estimated to have cost the...
Italy’s UniCredit Reveals Massive Data Breach Involving 400,000 Bank Accounts July 26, 2017 By Sonia Sirletti and Edward Robinson UniCredit SpA said hackers accessed about 400,000 client bank accounts in Italy, taking biographical and loan data in one of...
Global Shipping Still Reeling from Cyber Attack; Insurers Warn of Coverage Gaps June 30, 2017 By Jonathan Saul Global shipping is still feeling the effects of a cyber attack that hit A.P. Moller-Maersk two days ago, showing the...