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Following its 2.3 billion euros ($2.7 billion) acquisition of P&O Nedlloyd, A.P. Moller-Maersk Sunday formally commenced trading its enlarged container shipping business under the name Maersk Line. The majority of P&O Nedlloyd vessels will be phased in during February 2006. The large majority of services will be in place by mid March, and by June 2006 the Maersk Line network will be fully implemented.
Department of Homeland Security officials disclosed yesterday that the manufacturer of a security device for detecting door breaches on shipping containers has reduced the false positive alarm rate below the 1 percent threshold required by the U.S. government for its "smart box" program, but other technical difficulties remain to be corrected. Testing conducted last year by Johns Hopkins University's Applied Physics Laboratory for DHS's Customs and Border Protection division determined that nuis
General Electric's security subsidiary said it has signed an agreement with German conglomerate Siemens to market its security device for detecting unauthorized openings of ocean container doors. Under the agreement, Siemens' Building Technologies Group will have exclusive marketing and distribution rights in Europe, and will take a minority stake in CommerceGuard AB, the GE Security subsidiary that is developing the container security device.
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