TradeLens News
Citi Treasury and Trade Solutions (TTS) Asia Pacific has completed its first pilot paperless trade finance transaction using the TradeLens platform. Leveraging blockchain technology supplied by TradeLens, the pilot illustrates the effectiveness of the technology to improve supply chain efficiency by significantly reducing document processing lead times. Paperless process With the underlying Letter of Credit executed using an electronic Bill of Lading (eBL), Citi Bangladesh facilitated the imp...
They are excited to share that Unifeeder is collaborating with TradeLens, a logistic platform developed by A.P. Moller - Maersk and IBM powered by blockchain technology. Unifeeder is currently sharing all tracking data to the platform which provides members of the Maersk Group with greater transparency of their Unifeeder shipments. Improving operational efficiency The platform has the potential to significantly improve operational efficiency and expand the capabilities of optimising internal...
TradeLens announced the Costa Rican Customs Authority will integrate with their blockchain underpinned platform to review containerised shipment events and transportation documents, including bills of lading. Important information recorded within specific data fields in transportation documents will be used in risk assessments trials with TradeLens making trade easier for compliant companies doing business in the country while assisting in the identification of fraudulent activities. Access to...
Almost two years on from the start of the COVID-19 pandemic, the world is still operating in testing times. Volatility and uncertainty continue to be seen across global networks, and the importance of the supply chain to the success of organisations has also increased, making operational resilience a vital need of the hour. In October 2020, A.P. Moller – Maersk (Maersk) had conducted a successful webinar that focused on the key steps for building supply chain resilience in the chemical in...
EasyShipping, a well-known international logistics service platform in China is joining forces with TradeLens – the global blockchain digital platform, to provide innovative ocean freight financing solutions for Chinese foreign trade and logistics companies. Cross-border trading is a pillar of the global economy and supply chains are a key component to enable cross-border trading. As the current global supply chain suffers from imbalance, tight resource allocation and low efficiency, most...
On behalf of Pakistan Customs, the Pakistan Single Window Company signs an agreement with TradeLens, a blockchain-underpinned logistics platform supported by 5 of the 6 largest ocean carriers globally, to digitise import-export documentation of the containerised cargo moving in and out of the country. Pakistan’s international trade ecosystem is being rapidly transformed through the introduction of technology-driven initiatives led by the Pakistan Single Window and the country’s auth...
A.P. Moller - Maersk has announced the signing of a global end-to-end logistics agreement with Danish Crown from 2021. The three-year end-to-end agreement covers all Danish Crown’s business units, delivering solutions on ocean services, inland logistics and cold chain logistics. Access to the digital supply chain platform, Tradelens, which is underpinned by blockchain technology, is also a core part of the agreement between A.P. Moller - Maersk and Danish Crown. A.P. Moller - M...
TradeLens is the world’s largest containerised freight blockchain platform. The key strength of TradeLens is its ecosystem composed of shippers, freight forwarders, ports and terminals, ocean carriers, intermodal operators, government authorities, customs brokers and more. Each entity shares information that can be tracked, stored and actioned across the platform throughout a shipment’s journey. By using TradeLens, the user will: Expand the end-to-end visibility Streamline all t...
PUMA’s ‘Forever Faster’ mission continuously earns it a place at the forefront of sports innovation, fashion and design. It leads to firsts from the athletes they sponsor, like Usain Bolt and Neymar Jr, and leads to firsts in other areas, including supply chain innovation and logistics leadership. In a category defined by speed-to-market, PUMA is always looking for ways to get their latest merchandise out to consumers more efficiently and cost-effectively...
A.P. Moller – Maersk and IBM announced that more than 10 members have joined TradeLens in the Chinese Mainland in the first month since its launch on May 10. The new members of the ecosystem to advance trade digitisation include industry-leading Chinese companies, two-port groups and eight intermodal and inland logistics providers. TradeLens is a neutral blockchain-enabled digital container logistics platform, jointly developed by A.P. Moller - Maersk and IBM, and includes foundational ca...
Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) Pte. Ltd. announced they have completed integration onto the TradeLens platform, helping ensure a more timely and consistent view of logistics data for their containerised freight around the world. TradeLens is a neutral, third-party platform launched by IBM and A.P. Moller - Maersk to help modernise the world’s supply chain ecosystems and is run on IBM Cloud and IBM Blockchain. Benefitting from TradeLens Profit from...
Al-Hamd International Container Terminal (AICT), one of Pakistan’s important container terminals in Karachi, has become the first inland depot operator in Pakistan to join TradeLens, a blockchain-powered digital container logistics platform. AICT is also the first network partner for TradeLens in Pakistan, thereby leading the digitisation journey of Pakistan’s container logistics and supply chain ecosystem. TradeLens digital container logistics platform TradeLens brings together d...
China Unicom Digital Tech, the subsidiary of China Unicom, the global leading telecommunication service provider, announced its partnership with TradeLens to enable its official commercialization in China, and ensure the provision of a fully integrated, real-time and consistent view of logistics data for containerized freight around the world. TradeLens is a blockchain-enabled digital container logistics platform, jointly developed by A.P. Moller - Maersk and IBM. Collaboration...
Major global container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) announced they are now integrated onto TradeLens helping ensure a more fully integrated, timely and consistent view of logistics data for their containerised freight around the world. The digital platform is run on IBM Cloud and IBM Blockchain, and was jointly developed by IBM and A.P. Moller - Maersk. These two global shipping front-runners, together with Maersk, will act as platform foundation carriers with a...
SAGT - South Asia Gateway Terminals Ltd, the first Public Private Partnership (PPP) container terminal in Sri Lanka, also became the first terminal in the country to adopt the Blockchain Technology, by collaborating with TradeLens, a digital platform jointly developed by A.P. Moller - Maersk and IBM. This move will help in accelerating the digitisation agenda of shipping industry in Sri Lanka, by transforming manual, paper-based and time-consuming administrative processes into digital ones. SAG...
DP World, a renowned enabler of global trade, has completed the early stages of integration with TradeLens, a blockchain-based digital container logistics platform, jointly developed by A.P. Moller - Maersk and IBM. The collaboration between DP World and the TradeLens platform will help accelerate the digitisation of global supply chains. DP World aims to connect all its 82 marine and inland container terminals, as well as feeder companies and logistics divisions with TradeLens. In 2019 DP Worl...
Ocean Network Express (ONE), together with Hapag-Lloyd, joins TradeLens, the blockchain-enabled digital shipping platform jointly developed by A.P. Moller - Maersk and IBM, to benefit shippers and drive greater innovation. CMA CGM and MSC Mediterranean Shipping Company also recently announced joining TradeLens. ONE is constantly strengthening and expanding its coverage to meet the challenging demands of the crucial Asia market and recognises that expanding digital collaboration is critical to t...