CEVA Logistics joins block chain technology scheme with IBM and Maersk

HOOFDDORP : CEVA Logistics has announced its partnership with IBM and Maersk in TradeLens, in a combined operation based on block chain technology to increase transparency in the supply chain. “CEVA constantly reviews, assesses and audits concepts in the market such as block chain to determine how they might be applied in the company’s network,”
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Maersk Line has announced that the company has restarted its shipping operations to the Republic of Maldives on the heels of a rapidly growing market and meeting customer needs. The world’s largest container shipping company has introduced a weekly service between Colombo and Male offering better connectivity through its best-in-class network. The initiative also aims
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In a follow up to their January announcement, A.P. Moller-Maersk and IBM last week announced the creation of TradeLens, jointly developed by the two companies to apply blockchain to the global supply chain. TradeLens, the result of a collaboration agreement between Maersk and IBM, is a blockchain-enabled shipping solution designed to promote more efficient and
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A.P. Moller – Maersk and IBM have created TradeLens, a solution jointly developed by the two companies to apply blockchain to the world’s global supply chain. This follows the January announcement when the duo unveiled the collaboration aimed at offering a global trade digitization platform by using blockchain technology. As explained, the new blockchain-enabled shipping solution
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COPENHAGEN: A.P. Møller – Mærsk A/S’ (APMM) has highlighted in the financial report for Q1 2018 the expectation for the 2018 result was subject to increased uncertainties impacting container freight rates, bunker prices and rate of exchange due to geopolitical risks, trade tensions and other factors. Based on the outlook for freight rates for the
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Maersk Line, the global containerised division of the Maersk Group, has created a new record by successfully moving the largest ever break-bulk cargo, at 103 feet in length and weighing over 16 tonnes, from Krishnapatnam to Tianjin, China. The cargo, comprising windmill blades, was moved on Maersk Line’s Chennai Express weekly service using 13 flat
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The Nigerian Ports Authority (NPA) has suspended the shipping services of Maersk Line, Cosco Shipping and two other shipping firms for ten days, effective from July 14. Namely, the Danish and Chinese shipping giants, along with APS and Lansal, were served the suspension after an investigation by NPA showed that the companies failed to comply with the directive
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GENEVA: MSC Mediterranean Shipping Company S.A., along with 2M alliance partner Maersk Line, has announced a new strategic cooperation with ZIM to improve services for shippers moving cargo between Asia and the U.S. East Coast (USEC). At present, MSC and Maersk Line operate five loops on the Asia-USEC trade, while ZIM operates two loops on
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MUMBAI: Global shipping major Maersk Tankers is ramping up its presence in India and is also in talks for an Intra-Country coastal movement of oil products courtesy the relaxations in rules, a top official has said recently. Maersk Tankers opened a subsidiary in the India only this year, its sixth office globally, and already employees
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Denmark’s A.P. Moller Holding, which controls shipping giant A.P. Moller-Maersk, plans a move into the hot water heating market in support of the country’s switch to renewable energy. Denmark generated close to half of its electricity consumption from wind energy last year. Maersk said it sees geothermal heating playing a central role in the green
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