TRADELENS

Customs of Costa Rica, first in Latin America to join TradeLens

Costa Rican Customs Authority has signed up with the blockchain supply chain platform TradeLens to review containerised shipment events and transportation documents, including bills of lading.

The aim of the Customs of Costa Rica is to examine blockchain underpinned document flows for clearance processes.

Costa Rica will use information recorded within specific data fields in transportation documents in risk assessments trials with TradeLens in order to make trade easier for compliant companies...

https://container-news.com/customs-of-costa-rica-first-in-latin-america-to-join-tradelens/

Syngenta and HSBC complete paperless trade finance transaction via TradeLens

The British multinational investment bank and financial services holding company HSBC and a provider of agricultural science and technology Syngenta have successfully completed the transaction of an innovative letter of credit, using TradeLens’ digital bill of lading, which is underpinned by blockchain technology.

The fully digital end-to-end letter of credit transaction helped expedite trade documents from South Korea to Bangladesh, while agrichemical product was shipped between the two...

https://container-news.com/syngenta-and-hsbc-complete-paperless-trade-finance-transaction-via-tradelens/

Pakistan Customs joins Tradelens

The Pakistan Single Window (PSW) Company has signed an agreement with the blockchain logistics platform TradeLens, on behalf of Pakistan Customs, to digitise import-export documentation of the containerised cargo moving in and out of the country.

In this way, PSW, the initiative of Pakistan’s federal government with a focus on transforming the trade and industry ecosystem, is supporting Customs in modernising documentation through a secure, paperless and digital solution to strengthen its...

https://container-news.com/pakistan-customs-joins-tradelens/

Port of Thessaloniki adopts blockchain technology through TradeLens integration

Port of Thessaloniki has adopted blockchain technology through integrating with TradeLens, a digital logistics platform by Maersk and IBM, marking the first time that a port in Greece uses this kind of technology.

Thessaloniki port authority said it is focused on the transformation of the second Greek port into a “smart port” through smart technologies for the digitisation of systems, to provide innovative and high-end services with simplified procedures, creating surplus value for the wider...

https://container-news.com/port-of-thessaloniki-adopts-blockchain-technology-through-tradelens-integration/

India’s first rail operator joins TradeLens

India’s intermodal logistics service provider and rail-linked Inland Container Depots (ICD) operator, GatewayRail is the first rail operator in the country to join the blockchain logistics platform, TradeLens.

The association between GatewayRail and TradeLens, which was developed by AP Moller Maersk and IBM, is a major step in digitising India’s vast inland container logistics ecosystem, according to a statement.

TradeLens brings together data from the entire global supply chain ecosystem and...

https://container-news.com/indias-first-rail-operator-joins-tradelens/

Pakistan’s first company joins TradeLens

Al-Hamd International Container Terminal (AICT) has been the first inland depot operator in Pakistan to join TradeLens, a blockchain-powered digital container logistics.

TradeLens is an open and neutral industry platform developed by Maersk and IBM that brings together data from the entire global supply chain ecosystem. This data allows TradeLens and its network partners to modernise manual and paper-based documents by replacing them with blockchain-enabled digital solutions.

The products of the...

https://container-news.com/pakistans-first-company-joins-tradelens/

Hapag-Lloyd and ONE join Maersk’s blockchain platform

Two of the largest container carriers in the world, Hapag-Lloyd and Ocean Network Express (ONE), have completed integration onto TradeLens, a blockchain platform launched by IBM and AP Moller – Maersk aiming to ease global trade with digital tools for information sharing and secure collaboration.

Since the completion of multiple pilot projects as well as the integration, Hapag-Lloyd and ONE, the world’s fifth and sixth largest container lines respectively, are now working to help their clients...

https://container-news.com/hapag-lloyd-and-one-join-maersks-blockchain-platform/

Chinese entities jump into TradeLens

More than 10 members have joined the blockchain platform, TradeLens, in Chinese Mainland in the first month since TradeLens expansion in China in early May.

China Unicom Digital Tech hosts and operate TradeLens, which has been developed by AP Moller Maersk and IBM, in Chinese Mainland, making it available to global and domestic exporters and importers in China.

“These are new entities that have onboarded Tradelens since its launch in China on 10 May,” a Maersk representative told Container News....

https://container-news.com/chinese-entities-jump-into-tradelens/

Latin American digital freight forwarder joins TradeLens

KLog.co, a digital-first freight forwarder, has joined TradeLens, the blockchain container logistics platform, jointly developed by A.P. Moller – Maersk and IBM.

KLog’s digital platform provides timely end-to-end supply chain visibility and secured sharing of digital shipping documents, which will be complemented by the global scope of TradeLens and integration of additional data to enhance their digital tool kit.

The timely data capture via Application Programming Interfaces directly from...

https://container-news.com/latin-american-digital-freight-forwarder-joins-tradelens/

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