Latest TradeLens News

  • Global shipping leaders join IBM and Maersk blockchain platform
    Global shipping leaders join IBM and Maersk blockchain platform
    Two leading global container carriers have joined the TradeLens platform to digitize their supply chain. Two of the world’s largest container carriers announced a full integration onto IBM and Maersk’s TradeLens blockchain platform.
  • Canadian Pacific Railway Seeks Logistics Boost From Blockchain Tech
    Canadian Pacific Railway Seeks Logistics Boost From Blockchain Tech
    Canadian Pacific – in operation since 1881 – has joined blockchain-based logistics platform TradeLens.
  • Logistics system provider will connect Dutch ports via blockchain
    Logistics system provider will connect Dutch ports via blockchain
    Logistical management continues to be one of Blockchain’s golden use cases. Dutch logistics solutions provider, Portbase, has successfully completed the first phase of their integration with blockchain-based platform, TradeLens.
  • Major Turkish Terminals Join IBM and Maersk's Blockchain Shipping Platform
    Major Turkish Terminals Join IBM and Maersk's Blockchain Shipping Platform
    IBM and Maersk’s global blockchain shipping platform continues to onboard major new global partners. TradeLens — the blockchain shipping platform created by IBM and Danish logistics giant Maersk — has signed on a major Turkish-owned international terminals operator. TradeLens is a global supply chain management platform designed for containerized freight and logistics, which was first launched by IBM and Maersk back in April 2018.  It works by providing standards-based open APIs that allow supply chain data to be immutably and securely tracked and shared using a permissioned blockchain. Turkish-owned YILPORT Holding — which operates 22 terminals and 6 inland terminals across 11 countries — reportedly began integrating data from its Gebze and Gemport terminals in Turkey with Tradelens in July 2020.  Now that integration is complete, the terminals operator will be able to access data flows to help with the more efficient management of assets and containerized cargo. Six main messages will reportedly be operational in the API-supported data exchanges between Yilport and the platform: "gate in, gate out, vessel load, vessel discharge, actual load date list and actual discharge date list.” Via TradeLens, this container shipping-related data is accessible on the permissioned blockchain for a range of different stakeholders across the supply chain, such as shippers, agencies, port operators, customs authorities or financial service providers. IBM and Maersk’s pioneering initiative has been engaged in coordinating various government agencies and customs authorities from across the globe, attracting participants from Indonesia, Thailand, Azerbaijan, the United States and Canada, among others. As recently reported, blockchain technology is being advocated as a key tool for enterprises, organizations and even governments to develop more resilient value chains going forward after the COVID-19 crisis.  The World Economic Forum recently publ
  • Sri Lankan Container Terminal Joins TradeLens Blockchain Platform
    Sri Lankan Container Terminal Joins TradeLens Blockchain Platform
    South Asia Gateway Terminals becomes first Sri Lankan container terminal joined TradeLens platform. The first private Sri Lankan container terminal, South Asia Gateway Terminals, or SAGT, recently joined IBM and Maersk’s blockchain trade platform TradeLens.  It is the first terminal in the country to adopt blockchain technology to digitize its trade processes.  In an announcement  on July 16, Maersk said the collaboration will help SAGT grow past sluggish manual paper-based documentation processes.  Digitization for operational efficiency SAGT is an important link in conducting global trade and it annually processes more than two million twenty-foot containers.