Two more major cargo carriers have joined the blockchain platform TradeLens

Two more major cargo carriers have joined the blockchain platform TradeLens

IBM attracted two more major freight forwarders to work on the blockchain platform, which it owns together with Maersk.

Hapag-Lloyd and Ocean Network Express (ONE), the Singapore-based company, the fifth and sixth largest cargo carrier in the world, respectively, joined the blockchain TradeLens. In May, two major shipping companies Mediterranean Shipping Co (MSC) and CMA CGM also joined
to blockchain platform.

Outside of Maersk and its subsidiary Hamburg Süd, TradeLens has been launched
in 2018. At that time, 94 companies and organizations, including more than 20 ports and terminals in Hong Kong, Singapore, Rotterdam, Halifax, and the customs services of the Netherlands, Saudi Arabia, Singapore and Australia, logistics companies Agility, CEVA Logistics, DAMCO and Kotahi used the platform.

Gradually, more and more participants joined the platform. Last fall, the Port of Valencia and Modern Terminals, the second largest container terminal operator in Hong Kong, announced they were joining the TradeLens project. At the beginning of this year they were joined
The port in Algeciras, and since June the blockchain platform has been launched
in Russia.

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Martin Gnass (Martin Gnass), managing director of information technology at Hapag-Lloyd, said:

“TradeLens has made significant progress in launching much-needed industry transformations, including the partnership model.”

Todd Scott, vice president of supply chain solutions for IBM Blockchain, said he did a lot of work to create good governance, ensure data privacy, publish APIs, and align with common standards in the supply industry. and supply chains.


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