CargoSmart, COSCO, SIPG and Tesla launch blockchain pilot project

CargoSmart Limited has announced that it conducted a pilot project with COSCO Shipping Lines (COSCO), Shanghai International Port Group (SIPG), and Tesla, Inc. for a new application to transform the cargo release process.

CargoSmart says it is among the first pilot projects with an ocean carrier conducting a real-time exchange of shipment data with a terminal operator through blockchain. The pilot demonstrated the benefits of having a single, trusted source of truth in cargo documentation and...

https://container-news.com/cargosmart-cosco-sipg-and-tesla-launch-blockchain-pilot-project/

CargoSmart companies sign collaborative platform shareholder’s deal

Nine of the 40 companies involved in the logistics platform CargoSmart, which was launched in 2000, have signed an agreement to develop a more collaborative platform called Global Shipping Business Network (GSBN).

The nine companies, which include three COSCO operators in COSCO Shipping Lines, OOCL and COSCO Ports, along with European lines Hapag-Lloyd and CMA CGM and Chinese port operators Qingdao, Hutchison Ports and Shanghai International Port Group (SIPG), as well as the Port of Singapore...

https://container-news.com/cargosmart-companies-sign-collaborative-platform-shareholders-deal/

CargoSmart Launches AI & IoT-Enabled “CargoSmart Connected Reefer Solution”

CargoSmart IOT AI reefer

CargoSmart Limited announced its brand-new “CargoSmart Connected Reefer Solution”, a one-stop reefer cargo management solution for ocean carriers and shippers.

The AI and IoT-enabled solution features end-to-end information transparency, including enhanced reefer container Pre-Trip Inspection (PTI) support, real-time container status monitoring updates, and predictive cargo arrival status.

It allows carriers to offer best-in-class performance to shippers with lowered operating costs. It has been...

https://www.marineinsight.com/shipping-news/cargosmart-launches-ai-iot-enabled-cargosmart-connected-reefer-solution/

Shippers welcome plan for new index to improve liner reliability

Shanghai Shipping Exchange (SSE) and software solutions provider Cargosmart have teamed up to tackle vessel reliability concerns among shippers. 
They will work together to develop a new method of calculating schedule reliability on key tradelanes to help shippers optimise their supply chains.  
Vice president of SSE Yao Weifu said they aimed “to deliver a new shipping index that increases transparency to ocean carrier performance”. 
According to reports, global containership reliability hovers...

https://theloadstar.com/shippers-welcome-plan-for-new-index-to-improve-liner-reliability/

CargoSmart and shipping leaders launch blockchain initiative

Leading global shipment management software solutions provider, CargoSmart, announced the execution of Global Shipping Business Network (GSBN) Services Agreements with maritime industry operators CMA CGM, COSCO SHIPPING LINES, COSCO SHIPPING Ports, Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group. Under these agreements, each signatory commits to provide resources to support preparatory work required to establish the GSBN, a...

https://container-news.com/cargosmart-shipping-leaders-launch-blockchain-initiative/