Chinese firm Yuanben reports that it has signed a ‘Blockchain Technical Service Cooperation Agreement’ with the Maritime Silk Road Platform, created by Zhuozhi Logistics Group, that will see the companies work together to provide blockchain services for global maritime freight.
A.P. Moller-Maersk and IBM have announced the launch of their new blockchain venture TradeLens, following on from the companies’ January announcement of their intention to work together to leverage blockchain technologies to improve the efficiency of the global supply chain.
Maritime Blockchain Labs (MBL), a subsidiary of Blockchain Labs for Open Collaboration (BLOC), has established a consortium including Lloyd’s Register, Precious Shipping, Bostomar, BIMCO, International Bunker Industry Association (IBIA) and GoodFuels, which aims to address traceability and transparency in the marine fuel supply chain using blockchain technologies.
Abu Dhabi Ports’ subsidiary Maqta Gateway has become the first Abu Dhabi entity to develop and launch its own blockchain-based system, called Silsal. The new setup will combine blockchain and unique digital user identities to securely link stakeholders within the transport chain.
The Port of Brisbane has announced the launch of a proof of concept ‘Trade Community System’ application, developed with PwC Australia and the Australian Chamber of Commerce and Industry, which employs blockchain technologies to improve efficiency in the movement of goods through the port.
A.P. Møller-Maersk has confirmed that it has begun using a new blockchain platform for marine hull insurance called Insurwave, having acted as the pilot client for the system built by a joint venture between EY and Guardtime.
Hyundai Merchant Marine has announced that it is to work with tech giant Oracle on the development of a next-generation IT system, built on a Cloud-based infrastructure.
OW Logistics reports that it has begun trial shipments using 300cubits’ blockchain system, which aims to provide certainty to shippers that their products will sail on the intended vessel, and assurance for carriers that ‘no shows’ will be minimised.
Denmark’s Ministry of Industry, Business and Financial Affairs has announced its intention to implement blockchain technologies to reduce the administrative burden faced by vessel operators in the maritime sector.
Lloyd’s Register Foundation (LRF) and Blockchain Labs for Open Collaboration (BLOC) have announced a funding partnership to set up Maritime Blockchain Labs (MBL), a new research initiative to explore the potential application of blockchain technologies in the global maritime industry.
Digital Ship magazine provides the latest information about maritime satellite communications technology, software systems, navigation technology, computer networks, data management and TMSA. It is published ten times a year.
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