DUBAI's
DP World has completed the
early stages of integration with blockchain-based digital container logistics
platform TradeLens in a move to digitise global supply chains.
TradeLens, jointly developed by AP Moller-Maersk and
IBM, brings together data from the
entire global supply chain ecosystem including shippers, port operators and
shipping lines. It also aims to modernise manual and paper-based documents,
replacing them with blockchain enabled digital solutions.
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, reports Seatrade
Maritime News, Colchester, UK.
In
2019 DP World's terminals handled 71.2 million TEU containers from around
70,000 vessels.
Sultan
Ahmed Bin Sulayem, group chairman and CEO of DP World, said: "By working with TradeLens we will
accelerate the digitisation of global trade. Modernising the processes by which
logistics operate is critical to building more robust and more efficient supply
chains which will help economic development and generate more prosperity."
TradeLens provides visibility
across the entire supply chain, from booking to clearance to payments and is
built on a wealth of input from the industry including direct integrations with
more than 110 ports and terminals, more than 15 customs authorities around the
world and an increasing number of intermodal providers.
"With four of the five
largest global port operators actively engaged with TradeLens, the coverage of
the ecosystem continues to expand rapidly," said Mike White, CEO GTD Solutions
and Head of TradeLens.
Source : HKSG.
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