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Maersk joins MSC, CMA CGM as customers and shareholders in Traxens

AP Moller-Maersk will join CMA CGM and Mediterranean Shipping Co (MSC) as a shareholder and customer of Traxens, a Marseilles company that provides equipment to track containers

Maersk joins MSC, CMA CGM as customers and shareholders in Traxens

AP Moller-Maersk will join CMA CGM and Mediterranean Shipping Co (MSC) as a shareholder and customer of Traxens, a Marseilles company that provides equipment to track containers

03 June 2019 - 19:00

AP Moller-Maersk will join CMA CGM and Mediterranean Shipping Co (MSC) as a shareholder and customer of Traxens, a Marseilles company that provides equipment to track containers.

Marseilles-based CMA CGM first invested in the startup in 2012, the year it was founded, and was later joined in 2016 by Genva-based MSC, reported American Shipper.



Traxens said Maersk, the Danish shipping giant, will invest capital in Traxens and have similar shareholder rights as CMA CGM and MSC. Maersk also has committed to order up to 50,000 Traxens devices, a similar order to those placed earlier by CMA CGM and MSC.



Traxens said in a press release that it 'can now further focus on strengthening its solution and drive interoperability based on nonproprietary technologies and open standards. The development of Traxens as an open industry solution will benefit the strategic ambition of digitising the container shipping industry.'



The location of Traxens-equipped containers can be tracked, and the company's devices can transmit information about temperature, humidity level, shocks, vibrations and when the door of the containers have been opened and closed.


WORLD SHIPPING

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