newsworthy
Blockchain technology took a major step toward solidifying its position in the maritime sector when ocean carriers CMA CGM Group
and Mediterranean Shipping Co. (MSC) announced they had joined
TradeLens, a blockchain-enabled digital shipping platform that was
jointly developed by A.P. Møller-Maersk and IBM Corp. The move
could help give nascent blockchain technology the critical mass to provide more transparency across the global shipping ecosystem, since the
three megacarriers together bring TradeLens’s market share up to nearly
half of the world’s container shipping volume, according to IBM.
Just days earlier, Maersk had unveiled another digital shipping initiative, saying it had invested an unspecified amount in Traxens, a French
container-tracking and real-time data startup. Maersk joins CMA CGM
and MSC as minority shareholders in the firm.
Beneficial cargo owners like Procter and Gamble could also benefit
from the addition of more carriers to the TradeLens platform. “P&G
ships a significant volume of ocean containers every year. Whether [those
containers are] filled with our products or the materials used in production, understanding the status of our containers helps us manage an efficient supply chain,” Michelle Eggers, director global logistics purchases,
P&G, said in a release. “We are convinced that the industry will benefit
from the transparency and accuracy of blockchain solutions, and we are
pleased to see MSC, CMA CGM, and Maersk all on the [platform].”
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CMA CGM, MSC join blockchain platform
Copenhagen-based shipping company
Thorco Projects has selected Navis’s
Bluetracker maritime software to monitor and analyze the performance of
both its company vessels and contracted vessels. … Best Buy Co. Inc.
has selected on-demand packaging
solutions maker CMC’s CartonWrap
XL system to expedite its packing process and reduce packaging waste. …
Cargo airlines AirBridgeCargo and
CargoLogicAir have entered into a
global partnership with aircargo booking platform cargo.one to make their
capacity available for digital booking
with instant confirmation. … BluJay
Solutions, a provider of supply chain
software and services, has announced
that Telos Logistics has renewed
its partnership with BluJay and will
expand its use of the company’s transportation management technology.
alliances
