Container Shipping Gets Digital

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...

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

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...

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...

Shipping Giant Maersk, Visa And Mastercard Halt Key Russia Services–Here’s The Growing List Of Companies Responding To Invasion

Topline Shipping giant Maersk and payments firms Visa and Mastercard are the latest multinational firms to take action in response to Russia’s invasion of Ukraine Tuesday, joining businesses including...

Ocean Freight Shipper Maersk Continues to Expand. The Stock Could Sail to New Highs.

A.P. Moller-Maersk A/S is expanding its ocean freight business to include road, rail, and air services. Peter Boer/Bloomberg Text size The world’s largest shipping container company, A.P. Møller-Maers...

‘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 ̶...