Technology wave set to lift shipping industry

Big Read: Technology wave set to lift shipping industry
23 Apr, 2018

Globalisation has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and vast computer databases tracking cargoes. But it all still relies on millions and millions of paper documents.

That last throwback to 19th-century trade is about to fall.

A.P. Moeller-Maersk A/S and other container shipping lines have teamed up with technology companies to upgrade the world's most complex logistics network.

The prize is a revolution in world trade on a scale not seen since the move to standard containers in the 1960s - a change that ushered in the age of globalisation. But the undertaking is as big as the potential upheaval it will cause.

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