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Tuesday, September 17, 2019

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  • Far East Maritime (2) (X)

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Drive to cut costs may push shipping into the clouds

Posted to Far East Maritime (by Greg Knowler) on September 21, 2012

Maersk Line recently signed a US$150 million cloud computing deal with HP. In the five-year agreement, the Danish carrier will use HP’s cloud-enabled data centers and HP Workplace Services in what is known as an “instant-on enterprise”. Yes, that made no sense to me, either.

Not much to look forward to this year for oversupplied carriers

Posted to Far East Maritime (by Greg Knowler) on April 29, 2011

The first quarter results have been coming in over the last month and they are a mixed bag of good, bad and ugly. Good would be China’s Cosco Shipping, a subsidiary of the country’s largest shipping firm China Ocean Shipping (Group) Co, which announced a 150 percent increase in net profit.