PIL & IBM Step up their Electronic Bill of Lading Initiative

Pacific International Lines (Pte) Ltd (PIL), Singapore’s leading containership operator, is collaborating with IBM Singapore (IBM) in another blockchain trial to design and create an electronic bill of lading which will significantly enhance the documentation process in supply chain management. Traditionally, a Bill of Lading is a physical document which banks rely on to provide
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HOOFDDORP : CEVA Logistics has announced its partnership with IBM and Maersk in TradeLens, in a combined operation based on block chain technology to increase transparency in the supply chain. “CEVA constantly reviews, assesses and audits concepts in the market such as block chain to determine how they might be applied in the company’s network,”
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In a follow up to their January announcement, A.P. Moller-Maersk and IBM last week announced the creation of TradeLens, jointly developed by the two companies to apply blockchain to the global supply chain. TradeLens, the result of a collaboration agreement between Maersk and IBM, is a blockchain-enabled shipping solution designed to promote more efficient and
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A.P. Moller – Maersk and IBM have created TradeLens, a solution jointly developed by the two companies to apply blockchain to the world’s global supply chain. This follows the January announcement when the duo unveiled the collaboration aimed at offering a global trade digitization platform by using blockchain technology. As explained, the new blockchain-enabled shipping solution
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A.P. Moller-Maersk plans to expand its transport and logistics business to compete directly with package delivery companies UPS and Fedex as part of a major restructuring, its chief executive said Tuesday. Maersk, the world’s largest container shipping company, has sold off the majority of its energy assets to focus entirely on transport and logistics. “We’re
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