Maersk Line and IBM are completing their so-called blockchain solution aimed at reducing the shipping sector's reliance on documents. The industry as a whole can save billions of euros, says IBM's head of global trade digitalization, Norbert Kouwenhoven, in an interview with ShippingWatch. Read on to learn how the many billions of euros will be saved.
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With the acquisition of Herning Shipping, Axel C. Eitzen is back in the industry on a larger scale than before. In an interview with ShippingWatch, the Norwegian discusses his return after having lost almost everything.
The world's second-largest ship registry in Liberia supports an extensive reform of the UN's maritime organization and implies that the industry has too much influence on legislation in global shipping.
The competition authorities in Iceland are currently only focusing on Eimskip and Samskip in a protracted case about secret pricing agreements. Previously, the authorities indicated that there might be a connection to companies outside the country.