Independent journal on economy and transport policy
16:56 GMT+2
CENTRO INTERNAZIONALE STUDI CONTAINERS
ANNO XXXVIII - Numero FEBBRAIO 2020
INNOVATION
NINE SHIPPING AND PORT COMPANIES SIGN UP TO GLOBAL DIGITAL
COLLABORATION
The nine comprise some of the world's largest terminal operators
and container lines - CMA CGM, Cosco Shipping Lines, Cosco Shipping
Ports, Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA
International and Shanghai International Port Group (SIPG).
GSBN, established by logistics technology provider CargoSmart
Limited, acted as a not-for-profit organization that operates and
facilitates a secure and trusted data exchange platform for all
stakeholders along the supply chain.
The signing of the agreement symbolized the fortified
cooperation among the consortium as well as the conclusion of an
important step towards the GSBN's official establishment. Once all
regulatory approvals have been obtained and the GSBN is formed, it
will lead the development of innovative applications to create value
to stakeholders in the supply chain, said CargoSmart.
CargoSmart will be the technology solutions provider and
platform operator for the GSBN.
Martin Gnass, managing director IT of Hapag-Lloyd, said, "The
signed shareholders' agreement symbolizes an important milestone
towards securing an industry-wide secured digital collaboration
platform that aims to benefit all parties in the global supply
chain.
"We expect the trusted blockchain platform will accelerate
the sharing of verified logistics and cargo data, streamline
business operations across the whole supply chain, and create value
to each stakeholder."
Ding Songbing, manager of strategy & research department of
SIPG, said, "Existing data exchange and practices in the
shipping industry do not adequately address all terminal operational
details, leading to missed opportunities to improve overall
efficiency. With terminal operators being founding members of the
blockchain platform, we believe the GSBN will capitalise on new and
existing opportunities on the terminal side and expedite digital
transformation in the industry."
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