Under a new agreement, Cargill will enter its Medium Range (MR) fleet into the existing Maersk Tankers MR pool, creating a new joint pool to increase the scope of their MR spot tanker business. The joint pool is expected to enable vessels to focus on fuel optimization and CO2 emissions reduction, as well as a digitalized approach to trading.
In light of the approaching 2020 sulphur cap, which sees vessels using fuel containing up to 0.5% sulphur, Maersk’s Jacob A. Sterling tweeted that the cost of compliance will increase. Thus, Maersk issues a new Environmental Fuel Fee, and updates the existing Bunker Adjustment Factor.
Loadsmart, digital freight technology company, raised $19 million to embark on a major initiative, enhancing the flow of freight through American ports. Taking part in the initiative are Ports America and Maersk Growth as investors. This investment is in line with Loadsmart’s series A round in late 2018, totalling the funding at $53.4 million.
Maersk Oil Trading and Dutch storage company Koole Terminals announced the signing of an agreement to produce IMO 2020-compliant bunker fuel. The production will take place at the Petrochemical Industrial Distillation (PID) unit, located at Koole’s Botlek site in the Port of Rotterdam.
Maersk Decom announced that together with Maersk Supply Service, will be project managing the removal, recycling and waste management of subsea infrastructure for Perenco’s Thames field in the UK North Sea. The project regards the cut and recovery of wellheads and wellhead protection structures, as well as end-to-end recycling and waste management.
Maersk will be cooperating with BlackBuck, an Indian online marketplace for trucking, aiming to provide an online marketplace for containerized trucking in export/import logistics in India. The platform will be open to the whole industry. This move comes as India plans to decrease logistics costs from 14% of the GDP, to no more than 9% by 2022.
AP Moller-Maersk is leading the path towards a carbon-free future for the transport and logistics sector, while also calls all industry stakeholders to join in the global effort. Taylor Johnson, Corporate Content Editor at A.P. Moller – Maersk, highlights that the world is already experiencing the physical impacts of climate change.
Estonian terminal operator HHLA TK Estonia wants to use blockchain platform technology to improve supply chain efficiency. For this reason, it is participating in the TradeLens platform project for the maritime sector. With TradeLens, terminal operators, like HHLA, receive direct communication with transport companies and other customers or partners.
Port of Fremantle in Western Australia achieves new records after the arrival of two Post Panamax containerships in July. The two containerships calling the port, belong to Maersk and Mediterranean Shipping Company.
Maersk completed its first successful shipped-mangoes operation from Nhava Sheva in Mumbai to London’s Felixstowe. Exporter Bombay Exports, exported 21 tonnes of Kesar and Badami mangoes into the time-frame of three weeks via Maersk’s reefer containers that use advance Remote Container Management (RCM) technology and container atmosphere technology.
