France-based liner carrier CMA CGM has announced a new order for 50,000 Traxens trackers, fitting containers with “connected” trackers that would enable the real-time monitoring of location, temperature, shocks, and when container doors are opened.

CMA CGM was a structuring shareholder and was the first company to invest in Traxens, in 2012. CMA CGM participated in the development of the solution by testing it for several years, then launching it commercially in 2018.

CMA CGM said that customers who opt for the Traxens solution could monitor their goods and be more informed at every stage of the shipping process. “This makes supply chain management easier, with an intuitive online interface updated in real time”, said CMA CGM.

Meanwhile, AP Moller-Maersk said that it would be joining CMA CGM and MSC Mediterranean Shipping Co as a key shareholder and customer of Traxens. CMA CGM was joined by MSC in its Traxens investment in 2016.

The agreement will see Maersk invest capital in Traxens, in which it will have similar shareholder rights as CMA CGM and MSC. Maersk also commited to order up to 50,000 Traxens devices.

Ingrid Uppelschoten Snelderwaard, Vice President, Head of Equipment, AP Moller-Maersk, said that “creating visibility into the condition and location of containerized cargo is bringing Maersk’s strategy to offer digital end-to-end solutions to life. Having pioneered IoT-technology in our reefer fleet, we are excited to join Traxens and collaborate on the huge potential within connected containers. With this investment we look forward to working with key industry players to advance a leading solution within connected products and technologies for high value cargo, while ensuring customer choice through interoperability and open standards.”

This article is kindly supplied by Insurance Marine News. If you would like a complimentary trial to the daily Insurance Marine News e-bulletin please email grant.attwell@insurancemarinenews.com.