Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Maersk brings major IT systems back online after cyber attack

Published 07/03/2017, 11:16 AM
© Reuters. FILE PHOTO: Empty Maersk shipping containers are seen stacked at Peel Ports container terminal in Liverpool
MAERSKb
-

COPENHAGEN (Reuters) - Danish shipping giant A.P. Moller-Maersk (CO:MAERSKb) said it had restored its major applications, as it brings its IT systems back online after being hit by a major cyber attack last week.

"Today we can finally reopen our key applications," Maersk said in a statement on Monday.

The company, which handles one in seven containers shipped globally, said it expects to have all its 1500 applications fully functional within a week.

Maersk said on Friday it expected client-facing operations to return to normal by Monday and was resuming container deliveries at its major ports.

Maersk's port operator APM Terminals said on Sunday all terminals had resumed operations and said it would continue to increase productivity and available services. The Maasvlakte II terminal in Rotterdam would be able to make import deliveries starting Monday, it said.

"We can, with great certainty, say that we have never experienced anything like this and therefore we are extremely excited to have achieved a milestone in the journey to be back fully online," Maersk said in the statement.

"We are humbled by the number of people who have offered their help, and the flexibility shown has been tremendous," it said.

Swiss container line MSC (Mediterranean Shipping Company) said on Monday it had worked with its vessel sharing partner Maersk to avoid any serious disruptions.

MSC said several vessels were diverted to other terminals in recent days, adding that shared operations were now running smoothly.

"The biggest challenge facing all carriers was to avoid the APM Terminals which were not in operation," said Gianluigi Di Maio, MSC’s senior vice president of network planning.

"Thankfully, we have a lot of alternative terminals to choose through our subsidiary TIL and other suppliers. Our aim is to minimize any possible disruption by utilizing these other terminals."

© Reuters. FILE PHOTO: Empty Maersk shipping containers are seen stacked at Peel Ports container terminal in Liverpool

Maersk and MSC are the world’s top two container shipping lines.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.