Maersk has signed up container shipping rivals Hapag-Lloyd and Ocean Networks Express (ONE) for its blockchain-based TradeLens digital shipping platform. Hapag-Lloyd and ONE, the world’s fifth and sixth largest carriers by capacity, respectively, will join CMA CGM and MSC Mediterranean Shipping Company, the world's second and fourth largest carriers, who recently … [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...]
ZIM Joins Maersk’s Blockchain Shipping Platform TradeLens
Israeli shipping company ZIM Integrated Shipping Services has signed on as a member of Maersk and IBM's blockchain-enabled TradeLens platform. Launched in 2018, TradeLens uses blockchain technology to drive transparency throughout the shipping process by digitizing documentation and making it available in real-time to all trading partners - from carriers to freight … [Read more...]
Maersk, IBM Say 94 Organizations Have Joined Blockchain Trade Platform
COPENHAGEN, Aug 9 (Reuters) - Shipping group Maersk said on Thursday 94 companies and organizations have so far joined a blockchain platform developed with IBM aimed at boosting efficiency and limiting the enormous paper trail of global container shipping. The industry has seen little innovation since the container was invented in the 1950s, and cross-border trade still … [Read more...]
Maersk, IBM to Launch Blockchain-Based Platform for Global Trade
By Jacob Gronholt-Pedersen COPENHAGEN, Jan 16 (Reuters) - The world's largest container shipping firm A.P. Moller-Maersk is teaming up with IBM to create an industry-wide trading platform it says can speed up trade and save billions of dollars. The global shipping industry has seen little innovation since the container was invented in the 1950s, and cross-border trade still … [Read more...]