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Maersk launches financial transactions platform

Maersk’s rapid digital transformation continues apace with news Denmark’s companies register recorded on Tuesday a notable new corporate formation.

GateTu is a joint venture between A.P.Moller-Maersk and Danske Bank. The aim of GateTu, according to the registration documents filed,  is to establish and commercialise a global business-to-business technical platform with which to facilitate different types of financial transactions.

This new development, first hinted at last month, is the latest part of Maersk’s ongoing bid to be the self-proclaimed “integrator of global shipping” with a raft of digital initiatives already announced this year including tie-ups with tech titans such as IBM and Microsoft.

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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