Maersk joins CMA CGM and MSC with Traxens investment

Maersk joins CMA CGM and MSC with Traxens investment

Maersk has decided to invest in Marseille-based smart container creator Traxens meaning the world’s three largest containerlines are now onboard as shareholders in the French company. Maersk’s decision follows in the wake of CMA CGM and MSC with all three set to have an equal shareholding in Traxens. As part of the Maersk agreement, the Danish carrier has agreed to to order up to 50,000 Traxens devices, a similar order to those placed earlier by CMA CGM and MSC.

Ingrid Uppelschoten Snelderwaard, head of equipment at A.P. Moller – Maersk, said: “Creating visibility into the condition and location of containerised cargo is bringing Maersk’s strategy to offer digital end-to-end solutions to life. Having pioneered IoT-technology in our reefer fleet, we are excited to join Traxens and collaborate on the huge potential within connected containers. With this investment we look forward to working with key industry players to advance a leading solution within connected products and technologies for high value cargo, while ensuring customer choice through interoperability and open standards.”

Jacques Delort, general manager of Traxens, commented: “Having three of the world’s largest shipping companies now supporting us, this will help accelerate our international development and contribute to our solution becoming a global market standard for the entire supply chain.”

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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