Hapag-Lloyd and Ocean Network Express (ONE) have completed integration onto the TradeLens platform, joining carriers like CMA CGM, MSC and Maersk in utilising the blockchain network for the exchange of digital trade documentation.
“TradeLens technology holds great potential to help enable the digitisation of supply chain processes and documentation handling,” said Rolf Habben Jansen, CEO of Hapag-Lloyd.
“Our customers will clearly benefit from increased transparency, accuracy, speed and efficiency in their supply chains – leading to reduced cost.”
TradeLens says that it is continuing to on-board other new organisations from across the shipping industry in addition to the container lines, recently adding a number of shippers, importers and freight forwarders.
The ecosystem now includes more than 300 organisations and data from more than 600 ports and terminals. TradeLens has already processed 42 million container shipments, nearly 2.2 billion events and some 20 million documents. In total, five of the top six global shipping carriers are now integrated onto the platform.
“We believe TradeLens can bring together all parties in the supply chain to the digital ecosystem where customers can get seamless, transparent and secure sharing of shipping milestones and trade documents. With its open standards and open governance, it can benefit our customers and the entire industry to drive for digitalisation and automation,” said Jeremy Nixon, CEO of Ocean Network Express.
