Maersk News

Hapag-Lloyd, Ocean Network Express Join Peers in Shipping Blockchain Platform

German container group Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) are to join peers in a blockchain platform aimed at limiting the industry’s costly paper trail. The two companies will join market leaders Maersk , Mediterranean Shipping Co (MSC) and …

Maersk’s Blockchain Platform Gains 2 Large Shippers

Two of the world’s biggest shipping groups will join a Maersk led blockchain platform aimed at boosting efficiency and limiting the enormous paper trail of global container shipping. With Mediterranean Shipping Co (MSC) and CMA CGM, the second- and fourth-largest …

Blockchain Revolution to Hit Shipping Industry – with Potentially Huge Cost Savings

Globalization has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and vast computer databases tracking cargoes. But it all still relies on millions and millions of paper documents. That last throwback …

EY, Maersk and Microsoft Create Blockchain-Based Marine Insurance Platform

Consultancy EY, data security firm Guardtime, Microsoft and ship operator Maersk have joined to build a blockchain-based marine insurance platform that will be the first real-world use of the nascent technology in the shipping industry. EY and Guardtime said the …

Major Ransomware Attack Spreads from Europe to U.S.

A new cyber attack similar to WannaCry is spreading from Europe to the U.S., hitting port operators in New York and Rotterdam, disrupting government systems in Kiev, and disabling operations at companies including Rosneft PJSC and advertiser WPP Plc. More …

Alabama Trial Over Somali Pirate Attack on Maersk Cargo Ship Delayed

A judge has delayed the trial over a lawsuit filed after Somali pirates took over a U.S. cargo ship in 2009. Crew members are suing Maersk Line Ltd. and the Mobile-based Waterman Steamship Corp. over the pirate attack that was …

Container Shipper Suspends Some Iran Operations over Sanctions

The world’s largest container firm suspended operations at several Iranian ports on Thursday, potentially disrupting critical food shipments as it complies with tightening U.S. sanctions. Maersk line, a unit of A.P. Moller-Maersk , manages several refrigerated ships and container vessels …