Tag: blockchain

Top terminal operators and carriers join for digital transformation of global shipping

blockchain shipping solution

Nine leading ocean carriers and terminal operators signed a Declaration of Intent to form a consortium aimed at developing the Global Shipping Business Network (GSBN), an open digital platform based on distributed ledger technology. The signing ceremony took placeat the China International Import Expo inShanghai on 6 November 2018. The participants include shipping lines CMA […]

Abu Dhabi Ports to trial its blockchain solution for international trade

Abu Dhabi Ports

Abu Dhabi Ports and its subsidiary Maqta Gateway LLC have started implementing the first international blockchain project in partnership with the Port of Antwerp, Belgium. This has been announced at GITEX Technology Week that is going on now in Dubai, informs Thomson Reuters’ Middle East edition Zawya. Maqta Gateway became the first local entity in […]

Blockchain-based shipment successfully completed

blockchain-based shipment

A shipment of 17 tonnes of almonds has successfully arrived to Hamburg from Sunraysia in Victoria, Australia, as a result of a blockchain-enabled logistics experiment promoted by Commonwealth Bank of Australia (CBA). In the experiment, the world’s second largest almonds producer Olam Orchards Australia Pty Ltd and CBA joined forces with Pacific National for rail haulage, […]

Brisbane launches a logistics blockchain solution

Port Brisbane

The Port of Brisbane joins the global major ports in the current trend of implementing blockchain-based solutions to connect supply chain participants, with the view to increase international trade efficiency. The new tool, called “Trade Community System” was developed in collaboration by PwC Australia, the Australian Chamber of Commerce and Industry (ACCI) and the Port […]

Blockshipping ICO: Innovative financing instruments come to shipping

Blockshipping ICO

Blockshipping, the Danish start-up aiming to develop the world’s first blockchain-based container registry, announced the start of its ICO (initial coin offering) on 15 April, 2018. During the ICO period the company plans to sell 40,000,000 Container Crypto Coins (CCC), which will serve as dividend tokens, at USD 0.62. Currently, the company invites all interested […]

First shipping ICO

300cubits, a Hong Kong-based blockchain start-up, has announced that it will begin giving out its cryptocurrency called TEU to a selected group of container shipping lines and freight forwarders as from 1 February 2018. The world’s first crypto tokens of the shipping industry will be distributed for free, on a first come first served basis, […]

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