ShippingWatch

Major carriers and terminal operators enter blockchain partnership

Big shipping industry players such as Cosco Shipping, CMA CGM and DP World have signed a letter of intent regarding a blockchain partnership. This comes in the wake of Maersk's difficulty in getting other big carriers to join its platform.

Photo: /ritzau/AP/David Goldman

A new blockchain platform is in the making in the shipping industry.

Five large liner companies and several terminal operators have signed a declaration of intent with CargoSmart Limited to create a consortium in order to establish an open platform under the name Global Business Network (GSBN), says consortium participant Yang Ming in a press statement.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Growth prompts OSM to send 150 managers on a leadership course

An equal approach to management and a desire to be more aligned are some of the reasons why OSM is sending both top and mid-level managers on a custom-made leadership course. ShippingWatch has spoken to OSM’s new chief culture officer about the initiative.

Further reading

Related articles

Latest news

See all jobs