07NOV2018 - NEWS - Nine ocean carrier majors and terminal operators inks statement of intent for a Memorandum of Understanding (MOU) to form a blockchain consortium

Nine ocean carrier majors and terminal operators have recently signed a formal statement of intent for a Memorandum of Understanding (MOU) to form a blockchain consortium. The consortium, named the Global Shipping Business Network (GSBN), includes CMA CGM, Cosco Shipping Lines, Evergreen Marine, OOCL, and Yang Ming; terminal operators DP World, Hutchison Ports, PSA International Pte, and Shanghai International Port; and software solutions provider CargoSmart. The open digital platform aims to connect all stakeholders, including carriers, terminal operators, customs agencies, shippers, and logistics service providers to transform the supply chain and boost its effectiveness.

Published by Editor - www.Livebunkers.com at 07-Nov-2018 06:20:40 [UTC] , contact editor at editor@livebunkers.com