The Digital Container Shipping Association, a Dutch non-profit comprising nine big carriers including Maersk, MSC, Hapag-Lloyd and Yang Ming, has gotten all members to agree to standardize on electron...
Tag: Maersk
IBM, Maersk Snuff Blockchain Project Due to Lack of Interest
IBM and Danish shipping giant Maersk are scuttling a four-year-old enterprise blockchain project designed to track global trade — another hint that distributed ledger solutions may not yet be viable i...
Blockchain-based supply chain platform canned by IBM and Maersk
United States technology company IBM and Danish logistics firm Maersk have decided to discontinue their co-developed blockchain-backed supply chain platform, TradeLens, citing a lack of “global indust...
IBM and Maersk Abandon Ship on TradeLens Logistics Blockchain
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Maersk, IBM shutting down blockchain-enabled supply chain project
Danish shipping company Maersk and IBM are withdrawing their blockchain-enabled supply chain offering, TradeLens, and discontinuing the platform. TradeLens was founded on the “bold vision ...
Climate Change Threatens Panama Canal And Global Maritime Trade
A crew member moors the La Mancha Knutsen LNG tanker at a port on the Panama Canal in Panama City, … [+] Panama, on Wednesday, Dec. 4, 2019. The Panama Canal is seeing signs of a rebound in glob...
Shipping firm Maersk warns of weak demand and warehouses filling up
A.P. Moller-Maersk, is one of the world’s biggest container shippers with a market share of around 17%, and is widely seen as a barometer of global trade. Andia | UIG via Getty Images AP Moller-...
China’s Unpredictability Is “Poisonous” For Its Business Environment, EU Chamber Says
A volunteer in protective gear fans himself with a paper printed with a health QR code at a COVID-19 … [+] testing site in Beijing, Monday, June 20, 2022. (AP Photo/Andy Wong) ASSOCIATED PRESS U...
China Covid Policies “Causing Massive Uncertainty For Businesses,” European Chamber Says
A Chinese flag in front of the Shanghai Railway Station during a lockdown due to Covid-19 in … [+] Shanghai earlier this month.Source: Bloomberg © 2022 Bloomberg Finance LP China’s Covid-19 poli...
Do We Double-Down On Fossil Fuels Or Hasten The Move To Green Energy?
SIGNAL HILL, CA – MARCH 5: Pumps draw petroleum from oil wells through the night as the cost of … [+] crude oil tops $104 per barrel in its surge to new record high prices March 5, 2008 in...
‘Green’ fuels more expensive but need to think long term: Maersk CEO
The container ship MORTEN MÆRSK heading to Hamburg on April 22, 2020. eyewave | iStock Editorial | Getty Images The CEO of shipping giant Moller-Maersk admitted to CNBC Thursday that shifting to ̶...