DP World recently joined TradeLens digital platform, jointly run by A.P. Moeller-Maersk and IBM, in order to accelerate the digitization of global supply chains.
Following the COVID-19 outbreak which has posed several disruptions, World Economic Forum informed that the crisis revealed a general lack of connectivity and data exchange within the global supply.
The World Economic Forum highlights the importance of technologies, such as the blockchain, to boost efficiencies and improve trust across stakeholders, for the continuity of supply chains.
CargoSmart Limited along with COSCO Shipping Lines, Shanghai International Port Group (SIPG) and Tesla (Tesla) came together and carried out a pilot project using blockchain technology in order to share data with terminal operators under real-time circumstances.
Israel Ports Company (IPC) recently developed a pilot project using blockchain technology in order to transfer digital bills of lading and examine how to streamline supply chain processes.
Standard Chartered Bank is the first financial institution to join TradeLens digital platform, jointly run by A.P. Moeller-Maersk and IBM. Specifically, the bank entered a formal agreement in order to make use of the platform.
SAFETY4SEA is pleased to announce that MarineFields Holding Ltd has received the 2020 SMART4SEA e-Navigation Award, sponsored by Latsco Marine Management Inc., at a prestigious award ceremony which successfully concluded on January the 28th at Yacht Club of Greece in Athens, the evening ahead of the 2020 SMART4SEA Forum.
Marfin Management, Monaco-based ship manager, signed up as the first commercial partner to use the BunkerTrace system to track marine fuels, to manage any possible non-compliant or contaminated fuel. Marfin will use the system to track marine fuel, using synthetic DNA markers at specific points of the supply chain and record each transaction in a blockchain-based solution.
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