top of page

Blockchain trade platform "TradeLens" expands in China

Jun 26, 2021
1 min read

Maersk and IBM have started offering TradeLens, a platform for the shipping industry jointly developed using blockchain technology, in China. This was made possible after Maersk signed a partnership agreement with China Unicom Digital Tech in May. More than 10 Chinese companies have already joined the project. Although the specific company names have not been disclosed, the company says that "industry-leading Chinese companies, two port groups, and eight intermodal and inland transportation logistics companies" have joined.

 
 
 

Recent Posts

See All
China-Europe Airfreight Rates Strengthen

Airfreight rates from China to Europe have strengthened as the market adjusts to the EU’s €3 customs duty on low-value parcels, introduced in July after the end of the de minimis exemption. According

 
 
 
CCFI Summary week 34

The trend in shipping rates shows a decrease for Europe (-5.1%), Korea (-3.2%), the East Coast of North America (-0.5%), and the West Coast of North America (-0.2%) compared to the previous week.

 
 
 

Comments


bottom of page