Maersk

Maersk container ship collides with fishing vessel

Maersk’s container ship ‘Cecilie Maersk’ had a collision with the fishing vessel ‘Le Puffin’ on August 7. The container ship was heading to Le Port, Reunion off Madagascar. Five crewmembers of the fishing vessel evacuated the boat, but ‘Cecilie Maersk’ turned back and managed to pick up the fishermen. 

Maersk, IBM name joint blockchain venture ‘TradeLens’

Maersk and IBM announced that the name of their joint blockchain venture will be named TradeLens. In addition, the joint venture now counts 94 partners. TradeLens aims to move all administrative processes and transactions associated with one container shipment to the internet.

‘Increased uncertainties’ force Maersk to reduce profit forecast

In its financial report for the first quarter of 2018, Maersk adjusted its expectations for 2018. Namely, the shipping giant lowered its profit forecast, because of the increased uncertainties. Maersk’s new expectation for earnings before interests, tax, depreciations and amortisations is in the range of USD 3.5-4.2bn.

Cosco gradually restores its network after cyber attack

Cosco gradually restored the network application in the Americas from July 26 and the data communication with partners such as customs, terminals and railways in North America has been restored. In addition, service response speeds in the Americas are gradually increasing and are expected to return to normal during the weekend.

Cyber attack against Cosco is worrying, Naval Dome says

Naval Dome CEO, Itai Sela, says that the recent cyber attack against Cosco is worrying. Mr. Sela noted that despite the fact the company took precautionary measures, it must make sure that the attack has indeed been contained. Nevertheless, this attack along with the attack against Maersk last year can provide valuable lessons.

Cyber attack hits Cosco’s operations in US

Cosco’s operations in the US were hit by a cyber-attack on Tuesday, July 24. As a result its daily operations in the US were affected. The company’s operations outside the US are not affected, according to reports, while terminal operations are continuing their operations unaffected.

Nigeria lifts suspension of Maersk, Cosco services

The Nigerian Ports Authority will restore the services of the four shipping companies, including Maersk Line and Cosco, whose operations were suspended as they did not comply with the directive of acquiring and operating holding bays for their containers. The companies have been given two weeks, beginning from July 20.

Maersk Line, Cosco services in Nigeria suspended

The Nigerian Ports Authority announced a ten-day suspension of the services of Maersk Line, Cosco Shipping, APS and Lansal. These companies did not comply with the requirement by NPA which said that companies must acquire and operate holding bays. The suspension took effect from Saturday, July 14th.

Maersk, MSC, ZIM to cooperate on the Asia – US East Coast trade

Maersk Line, Mediterranean Shipping Company and ZIM announced a new strategic cooperation on the Asia – US East Coast trade. As of September 2018, Maersk and MSC will provide four of their operated loops to a combined operation of five loops with ZIM between Asia end the US East Coast.

Migrants from Maersk container ship disembark in Sicily

More than 100 migrants from the container ship ‘Alexander Maersk’ arrived in the southern port of Pozzallo in Sicily on Tuesday, June 26. The mayor of Pozzallo welcomed the Italian interior minister’s decision to let the ship dock. An Italian doctor at the port examined the people and said that they are generally good in their health.

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