Maersk and IBM are reportedly struggling with their blockchain platform, TradeLens, as besides them, only one other carrier has joined in, Pacific International Lines (PIL).
Valenciaport, one of the largest ports in Europe by volume, and the Port of Montreal, Eastern Canada’s largest container port, have joined Maersk and IBM’s TradeLens project
A.P. Moller-Maersk's innovation venture Maersk Growth has invested in Loadsmart's artificial intelligence system to automate truckload booking flows in the U.S.
Maersk Oil Trading has leased oil storage space in Singapore, indicating a push into the Asian bunkering hub, especially as we get near to the 2020 sulphur cap.
A.P. Moeller-Maersk A/S is investing in U.S. freight-booking startup Loadsmart Inc. as the container shipping giant builds up its efforts to extend its services beyond maritime transportation.