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from The Economist

Profits overboard

THE collapse of Hanjin Shipping, a South Korean container line, on August 31st brought home the extent of the storm in shipping. The firm’s bankruptcy filing left 66 ships, carrying goods worth $14.5 billion, stranded at sea. Harbours around the world, including the Port of Tokyo, refused entry for fear of going unpaid. With their stock beyond reach, American and British retailers voiced concerns about the run-up to the Christmas shopping period.

DENMARK's Maersk Group is experimenting with the use of drones for delivering goods, after Maersk Tankers collaborated with drone maker Xamen Technologies to successfully deliver a tin of biscuits to a bulk tanker, and is

First Daily Maersk container arriving in Felixstowe 17 Nov 2011 (4) by Maersk Line, via Flickr

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from Bloomberg.com

Risk Ahoy: Maersk, Daewoo Build the World's Biggest Boat

Risk Ahoy: Maersk, Daewoo Build the World's Biggest Boat. the biggest ships in the world—are being built at the DSME yard for the Danish shipping line A.P. Møller-Maersk...