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Maersk & IBM’s BlockChain Collaboration Stalls

Big news hit in January when it was announced Maersk and IBM were forming a joint venture. The giants in international shipping and information technology, respectively, were introducing a [...]

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Are Ocean Carriers In Trouble?

"We're all going to go bust," MOL President and CEO Junichiro Ikeda said to the Financial Times about the near future of ocean carriers in the international shipping industry.

For [...]

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Freight Rates to Hit Record Lows Again in 2018?

It’s bad news for ocean freight carriers but good news for U.S. shippers. At least, it’s good news for U.S. shippers in the short run. 2018 could see transpacific freight rates drop [...]

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Maersk Sells Oil Division, Focusing on Shipping

Maersk is the biggest name in international shipping. It is the largest ocean carrier by capacity and sets industry trends with the moves it makes. Another advantage Maersk has over its [...]

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