Container shipping company Hapag Lloyd will begin mass installation of real-time tracking devices on its containers at its depots worldwide.
“The new technology will offer us the advantages of being able to create visibility, detect delays earlier, automatically inform any affected customers, and initiate the appropriate countermeasures,” the company said in a statement, adding that the move will help make supply chains more transparent and efficient.
The devices will provide GPS-based location data, measure temperatures and will monitor sudden vibrations from the container. The container fleet will be equipped with devices from the tech company Nexxiot and also from Orbcomm – a provider of Internet of Things technology.
Hapag Lloyd estimates that it will be able to track its entire dry container fleet by the end of 2023.
Hamburg, Germany, headquartered Hapag Lloyd is a privately owned company, near one-third owned by Chilean liner shipping company CSAV, near one-third owned by group entitiies belonging to German billionaire Klaus Michael Kühne, 25% owned by Middle Eastern investment groups and just under 4% is on a free float. Hapag Lloyd operates about 253 vessels and transports just under 12 million TEU a year. It employs more than 14,300 people in more than 400 offices in 137 countries. It is said by Alphaliner to be the fifth largest container shipping company in the world by TEU capacity.
Hapag Lloyd is a member of Shipping Australia.
