Maersk Completes Acquisition of Logistics Firm Martin Bencher
Danish shipping giant A.P. Moller - Maersk (Maersk) announced it has completed its $61 million acquisition of Danish project logistics company Martin Bencher Group.“With the addition of Martin Bencher, we are strengthening our ability to offer project logistics services to our global clients while providing a more comprehensive offering to a wide array of industries. As such, Martin Bencher really is an excellent fit to Maersk and our integrator strategy,” said Karsten Kildahl…
Hapag-Lloyd CEO Says Shipping Still in the Thick of Supply Chain Disruptions
Global container liner problems related to post-corona logistics hiccups have intensified in the third quarter and show no sign of letting up, the world's number five operator, Hapag-Lloyd, said on Thursday.Chief executive Rolf Habben Jansen told reporters in an online briefing that container usage in August was up 20% year-on-year.He said port congestion and high spot freight rates, caused by a combination of unexpected demand recovery and tight shipping space, would continue at least during the rest of 2021 and into the first quarter of next year.(Reporting by Vera Eckert, editing by Thomas
Future Prospects of Shipping COVID-19 Vaccines by Sea
The lucrative prospect of transporting COVID-19 vaccines by sea has intensified the spotlight on the maritime industry’s cold supply chain and its ability to carry high-value pharmaceuticals.At present, speed to market is critical to stemming the spread of the pandemic, so the vaccines are being shipped by air to international destinations. Delivering them by sea is a longer-term strategy; certainly, the present urgency would have to calm considerably before enough confidence could be built to support delivery times in weeks…
