By Gavin van Marle in Rotterdam (The Loadstar) - The first common digital standards for the container shipping industry are expected to be proposed this year, according to the newly appointed chief executive of the Digital Container Shipping Association. Speaking at this week’s TOC Container Supply Chain event in Rotterdam, Thomas Bagge (pictured ) told delegates that … [Read more...]
Maersk to Trial TradeLens Platform in Russia
A.P. Moller - Maersk has reached deal with the Russian Ministry of Transport to launch its blockchain-based TradeLens platform in Russia. The agreement, signed by Maersk CEO Søren Skou and Yuriy Tsvetkov, Deputy Transport Minister and Head of Federal Maritime and River transport Agency, will allow Maersk to implement TradeLens to the Russian market with the aim of digitizing … [Read more...]
Shipping Giants Join Maersk’s Blockchain Platform
By Jacob Gronholt-Pedersen COPENHAGEN, May 28 (Reuters) - Mediterranean Shipping Co (MSC) and CMA CGM, two of the world's biggest container shipping groups, are to join market leader Maersk in a blockchain platform aimed at limiting a costly paper trail in the industry. With MSC and French-based CMA CGM, the second- and fourth-largest container shipping companies, joining … [Read more...]
Blockchain in Shipping: Is It Here to Stay?
"Blockchain" is now a familiar word, even if a large portion of us in the shipping industry are not actually using such technology yet. But, is this new visitor here to stay? Certainly the likes of Maersk seem to think so, and with a certain degree of success. Over 90 companies have signed up already to the Maersk and IBM-initiated digital supply chain known as … [Read more...]
Industry Questions New Box Ship Blockchain Network
By Alex Lennane (The Loadstar) - Tuesday's announcement that five shipping lines and four terminal operators are to form a consortium to develop a Global Shipping Business Network (GSBN) has raised more questions than it answered. GSBN will be a blockchain-enabled platform that will help digitise the industry, set standards and transform documentation flows, the companies … [Read more...]