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The Asian market is Traxens' next big target

A few months ago, Maersk announced that the company will invest in French tech firm Traxens, which develops smart containers. With a solid European foothold, Traxens' main target is now Asia, which will be approached on two fronts, director tells ShippingWatch.

Photo: Aly Song/REUTERS / X01793

Technology firm Traxens, of which Maersk is expected to join the ownership alongside MSC and CMA CGM, is determined to conquer the Asian market.

Traxens develops smart containers, enabling customers to constantly monitor the location of their containers during transit. In 2012, CMA CGM entered the owners' circle, then MSC came on board, and most recently Maersk has announced that it will invest in the tech company.

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