Maersk has introduced the Maersk Trade & Tariff Studio, a digital platform designed to help global cargo owners navigate the complexities of an unpredictable trade landscape.
This AI-driven solution addresses challenges such as rising tariffs, increased regulatory oversight, and disrupted customs processes through a centralised system for managing customs and tariffs.
After extensive testing with major clients, the platform became available for cargo imported into the US, with a global rollout planned for August.
It integrates seamlessly with Maersk’s logistics services but can also operate independently for cargo owners.
Many global companies currently rely on a fragmented network of up to 40 local customs brokers, resulting in disjointed data, reduced transparency, and overpaid duties.
Maersk’s data indicates that an average of 5–6% of tariffs are overpaid due to a lack of centralised data and optimisation. Additionally, 20% of shipment delays are attributed to inadequate customs preparation.
Only 50–55% of trade eligible for Free Trade Agreements (FTAs) fully capitalises on these opportunities, despite the availability of more than 650 FTAs globally, according to the company.
The Maersk Trade & Tariff Studio features AI-powered tariff engineering and optimisation, ensuring accurate application of over 6,000 product codes and more than 20,000 sub-codes.
It includes upstream compliance risk screening to prevent delays, detentions, and penalties, while providing real-time updates through data partners and Maersk’s network of 2,700 customs experts worldwide.
The platform also assists companies in complying with complex regulations, including product safety, labour standards, and emerging environmental mandates such as the EU’s Carbon Border Adjustment Mechanism (CBAM), as non-compliance can lead to significant fines and market restrictions.
Maersk Trade and Customs Consulting global head Lars Karlsson said: “Today’s environment is defined by unpredictability, with newly imposed and suddenly postponed tariffs creating what many of our customers describe as ‘tariff chaos’.
“Maersk Trade & Tariff Studio is our answer to this challenge—bringing clarity, compliance, agility and cost optimisation to global supply chains when goods are crossing borders.”
Recently, Maersk unveiled a new class of 17,480TEU vessels featuring dual-fuel methanol propulsion, built at Hyundai Heavy Industries in Ulsan, South Korea.
These container ships will improve Maersk’s services by linking Eastern Asia with Northern Europe.
“Maersk rolls out AI-driven trade and tariff platform to navigate customs” was originally created and published by Ship Technology, a GlobalData owned brand.