MSC Mediterranean Shipping Company and CMA CGM are investing in Traxens, a French start-up that has developed a new container monitoring and coordination system. The deployment of the monitoring devices will be announced in the fourth quarter of 2016.
Together, the shipping lines have a combined fleet of 4.5 million units and transport around 25 per cent of the world’s shipping containers.
Both companies will be represented on Traxens’ board of directors.
“We see container monitoring as an important innovation in providing our customers with a high quality of service, while also being able to monitor our outputs accurately,” said Diego Aponte, president and CEO of MSC. “We believe that shipping lines should naturally compete on service, but should co-operate in the area of technology and innovation.”
Rodolphe Saadé, Vice-Chairman of CMA CGM said: “We recognise the need for more and better data coming from our containers quite a while ago. We are proud to have identified the potential of the Traxens solution early on. This is just a part of our global digital strategy”.