Advancements in logistics data collection are expanding the ability of shipp
Blockchain | Supply Chain
Blockchain | Supply Chain
News & Analysis
15 Sep 2021
A consortium of container industry heavyweights has enlisted three banks in Asia to advise it on development of trade finance solutions to tether shipping data to new financing opportunities.
21 Jul 2021
A liner-led consortium aimed at using blockchain to digitize key container shipping processes has launched a cargo release product in China.
28 Apr 2021
Mediterranean Shipping Co. piloted an electronic bill of lading with 100 customers, leading to its rollout of a digital BL product designed to increase accuracy and security of the crucial shipping document.
28 Oct 2020
A network of major banks in Singapore has signed an agreement with CargoX, which provides electronic bills of lading to the shipping industry, to underpin the network’s trade finance capability.
17 Aug 2020
Li & Fung moves to transform its business model as the loss of large retailers, rise in e-commerce, trade wars, and COVID-19 change the sourcing game.
23 Jul 2020
Mumbai-based forwarder Shipwaves has joined TradeLens, bolstering the Maersk/IBM-led shipping visibility and documentation platform’s moves in India.
28 May 2020
The addition of DP World to Maersk and IBM’s blockchain platform TradeLens is a feather in the cap of the still nascent container logistics network, bringing a string of more than 80 terminals and associated business into the fold.
02 Apr 2020
Singapore-based carrier ONE plans to roll out globally an electronic bill of lading through its customer portal starting in the second quarter of 2020.
27 Feb 2020
The addition of the new members in the Global Shipping Business Network will stoke competition in the race to develop platforms that link carriers, shippers, ports, terminals, customs authorities, and banks.
08 Jan 2020
TradeLens container line participants have filed an antitrust exemption agreement with the Federal Maritime Commission to allow them to discuss how to share information and develop products on Maersk and IBM’s blockchain-based technology platform.
07 Nov 2019
DHL Forwarding has been trialing a blockchain-based system of producing invoices for one-off non-contractual shipments with its customer Hewlett Packard Enterprise.
06 Nov 2019
Shipment management software provider CargoSmart has tested a connection between a Hong Kong banking platform and shipment data provided by terminals and container lines to speed approval of trade finance processes and expand the range of shippers who can receive financing services.
12 Sep 2019
The adoption of blockchain-based container shipping software may depend on the efficacy of associated identity management and data security components.
30 Aug 2019
Shippers who find Mexico’s customs system slow, unwieldy, and unpredictable might find hope in a project the Port of Veracruz is about to launch that uses blockchain technology to create transparency for cargo moving through the customs process.
27 Aug 2019
JOC Senior Technology Editor Eric Johnson talks about what the introduction of three new carrier-developed digital entities — TradeLens, the Global Business Shipping Network, and the Digital Container Shipping Association — means to the liner shipping industry.
23 Jul 2019
It’s likely only a matter of time before antitrust regulators turn their gaze to new shipping partnerships formed in private blockchain.
12 Jul 2019
While blockchain as a mechanism to speed the digitization of shipping documentation gets traction, development by a TradeLens rival will test whether systems are interoperable.
02 Jul 2019
Maersk’s rival carriers understand their data will be kept private, and broader carrier acceptance will drive more value for shippers, Maersk’s TradeLens emphasized to JOC.com.
02 Jul 2019
With the addition of Hapag-Lloyd and Ocean Network Express (ONE), TradeLens members now control more than 61 percent of global containership capacity, according to maritime analyst Alphaliner.
25 Jun 2019
Mis-declared cargoes are a significant risk to container ships and crews, but a project being undertaken will consider whether blockchain can play a role in minimizing future incidents.
11 Jun 2019
Blockchain technology being applied to the bill of lading on the Asia-Europe trade.
01 May 2019
A new World Economic Forum initiative is designed to help shippers and other supply chain parties better understand how to judge whether blockchain is required and how to deploy it effectively.
11 Mar 2019
Blockchain technology has the potential to disrupt multiple industries, but potential use cases in shipping are still a few years away, panelists tell the TPM 2019 Conference in Long Beach.
01 Feb 2019
While blockchain hasn't happened yet in shipping, it remains for many an inchoate concept.
29 Jan 2019
New research shows blockchain technology has a way to go before convincing the majority of enterprises of its near-term value.
22 Jan 2019
Shippers have largely struggled to understand the benefits blockchain technology brings to their supply chain and at what cost.
07 Nov 2018
Blockchain is one of the most-often discussed topics in the shipping industry. Proponents argue it has the potential to transform shipping and supply chain management, among many other uses. JOC senior technology editor Eric Johnson provided a primer on the subject at the recently completed JOC Logistics Technology Conference in Las Vegas.
06 Nov 2018
The new consortium, powered by Oracle Cloud Blockchain Service, involves CMA CGM, Cosco Shipping (and subsidiary brand OOCL), Evergreen Marine, and Yang Ming, and the lines represent about one-third of total global container ship capacity.
05 Nov 2018
Coupled with other, recent logistics-focused, blockchain developments, the announcement by Archer Daniels Midland, Bunge, Cargill, and Louis Dreyfus on Oct. 25 could be seen as tangible progress in the advancement of commercially viable uses of the somewhat controversial technology.
23 Aug 2018
CargoX said the cost to produce and transfer a bill of lading using its Smart B/L was 85 percent less expensive than traditional means. But is a public blockchain such as CargoX’s suitable for the shipping industry?
28 Jul 2018
One thing is certain regarding blockchain technology circa mid-2018: it has the potential to transform and dramatically improve logistics efficiency. But that potential will remain only that — potential — until many paramount issues are resolved to universal satisfaction.
09 Jul 2018
Many experts argue that blockchain technology is tailor-made for container shipping’s international logistics work. But blockchain faces numerous hurdles — the biggest of which may be cultural.