Maersk Line

In an interview with a Danish newspaper, Maersk CTO Navneet Kapoor said the company is using AI to automate as much as 20% of its logistics tasks today and hopes to increase that to 80% within seven years.

Considering all that has taken place, our European correspondent reports that the logistics industry in Europe has responded well to the generational disruptions experienced over the past few years. Through the development of new routes, services and even diplomacy, supply chains have been maintained—even under extreme pressures.

Global ocean container carriers Geneva Switzerland-based MSC Shipping Company (MSC) and Copenhagen, Denmark-based Maersk A/S, a subsidiary of A.P. Moller-Maersk, said that they have reached a mutual agreement to terminate their 2M ocean alliance, a container shipping line vessel agreement in 2025.

Shippers relying on maritime operators to get their goods to market have been slammed in recent months. Meanwhile container carriers are looking at 50%-plus percentage gains in revenue.

Balance achieved, service delivered.

The continued rise in fuel prices and chartering rates had a negative impact on the earnings of the top tier carriers for most of 2018. But as new alliances mature, industry experts are forecasting a modest improvement by next year.

When Damco’s Supply Chain Services and Maersk Line’s Ocean Product are finally integrated On January 1st, 2019, A.P. Moller - Maersk hopes that shippers will have “fewer touchpoints” and more comprehensive offerings.

The industry-wide collaboration announced in January advances as more than 90 organizations participate in the global trade solution with more than 154 million events captured on the platform and growing by one million per day.

Hedging your bets on securing capacity may be an ongoing gambit this year, say ocean shipping industry experts. The big players have only gotten bigger, but that’s no guarantee that service and reliability will improve.

With a focus on providing more efficient and secure methods for conducting global trade through the usage of blockchain technology, ocean cargo giant A.P. Moller-Maersk and technology powerhouse IBM announced plans this week for a joint venture (JV). IBM and Maersk said that the objective of this JV is to provide a jointly developed global trade digitization platform that is built on open standards and designed for use by the entire global shipping ecosystem

A.P. Moller - Maersk and IBM have announced their intent to establish a joint venture to provide more efficient and secure methods for conducting global trade using blockchain technology.

Logistics managers returning to work after the July 4 holiday have been given some good news by Maersk, which has promised to reopen “key applications” after last week’s cyber attack.

While all vessel operations will continue, making “the majority” of port calls, the shipping line says it has “shut down” IT and communications infrastructure as a security measure.

With Microsoft’s cloud computing services and Azure platform, Maersk has a powerful set of tools for turning its vast operational and commercial data into more efficient operations and better products and services for customers.

While much transportation trade press attention has been given to the predicted purchase of Hamburg Sud by Maersk, the Danish mega carrier has been quietly negotiating a deal with another legendary giant in the information technology sector.