Global Shipping Business Network (GSBN)

GSBN and Contour to facilitate global logistics through digitalisation

The Global Shipping Business Network (GSBN) and the digital trade finance network Contour have announced they will partner in order to offer an end-to-end digital solution in trading, financing and shipping sectors worldwide.

As Covid-19-related lockdowns and the subsequent explosive growth in e-commerce have pushed the logistics industry to its limits, the two partners will collaborate in relieving this pressure. 

In particular, GSBN’s blockchain-enabled operating system and its product Cargo...

https://container-news.com/gsbn-and-contour-to-facilitate-global-logistics-through-digitalisation/

GSBN inks collaboration deal with China’s major shipping port groups

The Global Shipping Business Network (GSBN), a trade data utility platform powered by blockchain, signed a Memorandum of Understanding (MOU) with eight major shipping port groups in China to accelerate the digital transformation of the shipping and logistics industry.

The port groups signing the agreement include Guangzhou Port Company Limited, Fujian Province Port Group Limited Liability Company, Zhejiang Provincial Seaport Investment & Operation Group Co. Ltd, Jiangsu Port Group, Anhui...

https://container-news.com/gsbn-inks-collaboration-deal-with-chinas-major-shipping-port-groups/

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 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/

GSBN start using Oracle’s blockchain apps

Despite years of hype and chatter, enterprise blockchain deployments actually in production are few and far between. But according to Oracle, the list just got a little bigger.

Announced Monday, Feb. 11, the software giant now has up to a dozen enterprise customers using live applications that have sped into production since its cloud-based blockchain platform went live last July.

This includes a cargo tracking consortium called the Global Shipping Business Network (GSBN); China Distance...

http://container-news.com/gsbn-start-using-oracle-blockchain-apps/

Mega carriers and terminal operators initiate blockchain consortium

Nine leading ocean carriers and terminal operators on November 6 signed a formal statement of intent for a Memorandum of Understanding (MOU) to form a consortium to develop the Global Shipping Business Network (GSBN), an open digital platform based on distributed ledger technology. The participants include ocean carriers CMA CGM, COSCO SHIPPING Lines, Evergreen Marine, OOCL, and Yang Ming; terminal operators DP World, Hutchison Ports, PSA International Pte Ltd, and Shanghai International Port;...

http://container-news.com/mega-carriers-terminal-operators-blockchain-consortium/

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