Maritime blockchain consortium Global Shipping Business Network (GSBN) has added Ocean Network Express (ONE) as its latest member, following a successful trial of GSBN’s Cargo Release application with ONE customers.
ONE joins shipping lines such as COSCO Shipping, OOCL and Hapag-Lloyd within the GSBN membership, which also includes terminal operators like PSA and Hutchison Ports.
“ONE is focused to enhance the overall customer journey through our digital services. With GSBN’s great effort in driving digitalisation across the shipping industry, we look forward to harnessing their trusted infrastructure to accelerate greater collaboration with the industry and enable better efficiency with applications such as Cargo Release, as well as unlock new value for our customers,” said Kosuke Wada, Executive Vice President at Ocean Network Express.
The consortium’s blockchain-enabled platform is used to facilitate the exchange of data between different parties across shipping supply chains. Cargo Release is one of the applications running on the platform, offering a paperless system to connect parties involved at the port of import.
“The shipping industry is at a critical moment in time where digitalisation has the potential to enable a quantum leap,” said Bertrand Chen, CEO at GSBN.
“What’s needed to make this a success is trusted collaboration. We are pleased to be welcoming ONE who have been a pioneer in digital transformation and sustainability, and we look forward to collaborating to further contribute to the industry’s digital leap.”
