maersk

  • LoadSmart_vid
    Article

    Maersk invests in freight-booking startup Loadsmart

    2018-10-24T11:15:38Z

    Digital freight broker, Loadsmart, has received funding worth a total of $21.6m from the venture investment arm of container shipping giant, AP Møller-Maersk, and two other leading investment firms. Maersk Growth, along with Connor Capital and Chromo Invest, are investing to increase Loadsmart’s operations team and support product development and ...

  • Renault_Logan_Tondar_Teheran_Iran posterized
    Article

    Cracking under sanctions

    2018-08-20T10:22:58Z

    The re-imposition of sanctions by the US on Iran has dealt a hammer blow to the country’s emerging automotive industry. The threat of retaliation by the US against those whom it deems to have broken those sanctions has, once again, prompted vehicle-makers and logistics companies to pull out of the ...

  • logistics_trechnology
    Article

    Blockchain technology: Quicker off the blocks

    2018-04-17T03:11:47Z

    As global trade intensifies, so do the risks associated with cyber-breaches, fraud and limited visibility for shippers to track and trace international shipments across the end-to-end supply chain. While digital connectivity introduces a whole new set of risks and potential disruptions to global trade, big data and industry stakeholders, breakthroughs ...

  • Maersk
    Article

    Maersk estimates cost of NotPetya cyber-attack at $200m-300m

    2017-08-22T09:30:59Z

    Shipping company AP Moller-Maersk says it expects the impact of the NotPetya cyber-attack in June to have cost the company $200m-300m, of which the majority relates to lost revenues in July. Despite this, the company still expects to beat last year’s figure of $711m in terms of underlying profits for ...

  • Spyware Cyber Crime Security Cyber Technology
    Article

    FedEx admits TNT hasn’t fully recovered from June’s cyber-attack

    2017-07-19T11:43:53Z

    Global courier company FedEx has admitted that its subsidiary TNT Express is continuing to suffer from the effects of last month’s cyber-attack. The firm is still processing some transactions manually, it said, and some data may never be fully recovered. “All TNT depots, hubs and facilities are operational and most ...

  • Maersk
    Article

    Maersk resumes online orders as port operations recover after cyber-attack

    2017-06-30T12:25:17Z

    AP Moller-Maersk has resumed taking online bookings and said operations at all of the ports it has terminals at were now running “close to normal” after Tuesday’s cyber-attack. Earlier this week, Maersk, one of the world’s biggest ocean carriers with 600 vessels, said the ransomware attack had brought down IT ...

  • microchip_shutterstock_103389071
    Article

    Massive cyber-attack hits global shipping companies

    2017-06-28T12:30:23Z

    AP Moller-Maersk and TNT Express are among a rapidly growing number of companies so far affected by this week’s global cyber-attack, which has also hit Ukraine’s power network, transport services and banks, as well as the Rosneft oil company in Russia. Security experts said a malicious software called Petya and ...

  • Santa Teresa am 2.3.12 in Santos / Brasilien
    Article

    Green light for Maersk Line's acquisition of Hamburg Süd

    2017-05-03T15:02:00Z

    The respective boards of Maersk Line and Oetker Group have approved the agreement for a takeover by the former of shipping company Hamburg Süd, in a deal first announced last December. The acquisition of the Oetker subsidiary will add 20% to Maersk Line’s capacity and 26% to revenues, mainly on ...

  • Blockchain
    Article

    Maersk and IBM to introduce blockchain into global shipping industry

    2017-03-08T14:29:04Z

    Shipping giant Maersk and IBM have announced a blockchain initiative that they say will help transform the cross-border shipping industry globally. The two companies said using the digital ledger system, made famous by the Bitcoin cryptocurrency, had the potential to save the industry billions of dollars when adopted at scale. ...