DP World, a leader in f global trade, has completed the early stages of integration with TradeLens a blockchain-based digital container logistics platform, jointly developed by A.P. Moller – Maersk and IBM
DP World will connect all its 82 marine and inland container terminals, feeder companies and logistics divisions with TradeLens. TradeLane will improve operational efficiency with the visibility and realtime information. DP World has already connected Cochin Port (India) with the TradeLens platform via API technology.
“Our decision to team up with TradeLens is driven by our vision for intelligent logistics, reducing costs and creating value. DP World is working to deliver integrated supply chain solutions to cargo owners, backed by our global network of ports, terminals, economic zones and inland operations. By working with TradeLens we will accelerate the digitisation of global trade. Modernising the processes by which logistics operate is critical to building more robust and more efficient supply chains which will help economic development and generate more prosperity.” Added, Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer of DP World
“It is very encouraging to see the continued adoption of the TradeLens platform among global logistics players as it helps global supply chain customers expand and explore the benefits of digital documentation flows. In turn, the broadened geographic scope of the platform provides new opportunities for TradeLens ecosystem participants to innovate and develop digital offerings on the platform,” said Vincent Clerc, CEO of Ocean and Logistics, A.P. Moller – Maersk.
In 2019 DP World’s terminals handled 71.2 million TEU containers from around 70,000 vessels.
Credit to: Maersk