More than 20 global ports and terminal operators are supporting a new blockchain enabled shipping solution which aims to promote more efficient and secure global trade, support information sharing and transparency and encourage industry-wide innovation.
COMMENT: A recent Customer Advisory note issued by Maersk Line Australia sent the shipping fraternity into a frenzy, writes Peter van Duyn
Plans by Maersk Line to reduce the amount of duplicate port calls and allocate more buffer time around hub ports to increase schedule reliability is a logical move as ship sizes increase, a shipping expert has said.
COMMENT: A major news item during an uncharacteristically busy August was the announcement by A.P. Moller-Maersk that it would be de-accessioning its oil production business, in a deal worth $7.5bn including shares and debt, writes Barry Parker.
CentrePort Wellington has hosted its first regularly-scheduled containership caller since container-handling facilities were severely damaged in last November’s Kaikoura earthquake.
AP Moller Maersk has cited “commercially challenged terminals” as one of the reasons APM Terminals reported a loss of USD$264m in Q2 2017.
International operator APM Terminals has been hit by a cross-border cyber attack which has sent IT systems down across multiple terminals and business units.
The general assembly of the Spanish owners’ association Anesco has voted against accepting a pre-agreement reached with stevedoring unions, claiming it is anti-competitive and in breach of proposed new government legislation, which the unions oppose.
The Black Sea container terminals of Ukraine, Romania, Russia, and Bulgaria handled 642,308 teu in Q1 2017, a Container Market Review for Q1 2017 has shown.
The International Dockworkers Council has delayed its Europe-wide day of strike action in solidarity with Spain until March 23.
Maresk and IBM are joining up in a new collaboration to use blockchain technology to help change the global, cross-border supply chain.
Hamburg Süd is to follow Maersk Line in taking larger container ships to the Port of Tauranga when it begins a peak season service using 7,200 teu vessels.
Maersk Line and the ports of Los Angeles and Long Beach are partnering to measure the environmental benefits of a US$125 million upgrade for 12 Maersk container ships.
The third quarter of 2016 has proved tricky for AP Møeller-Maersk with an 89% slide in quarterly profit and a 16% decline in revenue, and there is speculation that it will need to divest some assets.
The news that Maersk Line is to end services to and from ten Chinese ports from September in a cost cutting exercise could be construed as an unhappy symptom of China's growth slow down.
Q1 2016 results are in and it is all change in the Black Sea as the top five container terminals compete for market share.
Maersk Drilling has entered a framework agreement with the Port of Esbjerg for new opportunities to position more rigs at the port.
US-based XVELA, creators of a cloud-based vessel stowage and collaboration platform for ocean carriers and terminal operators, has announced that a wave of new terminal operators and shipping lines have signed on for pilot programs to put the XVELA platform to the test.
Seago, the intra-European shipping line which is part of Maresk Group, is to launch a new cargo route between Algeciras-Liverpool-Dublin.
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