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Singapore Shipping Association to Deploy Blockchain for Ship Registration

The Singapore Shipping Association (SSA), the International Chamber of Commerce (ICC) and blockchain firm Perlin are jointly working on an e-registry for the ship registration and renewal process.Running on self-executing smart contractsThe International E-Registry of Ships (IERS) system is based on Perlin’s Wavelet, an open ledger for writing decentralized

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Two Firms to Build Blockchain-Based Solution for European Shipping

Vakt, a blockchain-based post-trade platform for commodities, has signed a memorandum of understanding with essDOCS, a firm that develops paperless trade solutions, to put European shipping on the blockchain.As markets and technology-focused outlet Benzinga reported on Sept. 20, Vakt and essDOCS will work on a blockchain-based solution that will

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Thai Customs Department Plans to Use IBM’s Tradelens to Track Shipping

Thailand’s Customs Department intends to use IBM’s Tradelens blockchain solution to track shipping in Thai ports.According to an announcement published on Aug. 28 on the Thai Customs Department’s official website, the country plans to use Tradelens, a blockchain logistics system. Local news outlet Bangkok Post reported the next day

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US Customs and Border to Trial Blockchain Shipping Proof-of-Concept

A United States Customs and Border Protection (CBP) advisory committee, is planning to launch a live test of its blockchain-based intellectual property rights proof of concept.The Commercial Customs Operations Advisory Committee (COAC) will run its tests from late August to late September, per a report published on the CBP’s

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World’s Second and Fourth Biggest Shipping Firms Join Maersk’s Blockchain Platform

Two leading global shipping firms, Mediterranean Shipping Co (MSC) and CMA CGM, have joined blockchain shipping platform TradeLens, Reuters reports on May 28.Switzerland-based MSC, the world's second-largest shipping company, and French CMA CGM, reportedly the fourth-largest container shipping firm, have joined the blockchain platform developed by the world’s largest

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Chinese Shipping Giant to Explore Blockchain for Upstream Supply Chain Financing

China Shipbuilding Industry Company Limited (CSICL) is going to explore how it can apply blockchain to financing its upstream suppliers, reports official Chinese newspaper People’s Daily on March 27. CSICL is a subsidiary of one of the two largest Chinese shipping conglomerates, China Shipbuilding Industry Corporation (CSIC).CSICL signed a

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Singapore Launches Pilot of TradeTrust Blockchain Shipping Initiative

The Singapore government will press ahead with a pilot of its blockchain-based maritime trade platform TradeTrust through an official partnership, trade news outlet Asia Middle East Maritime Focus reported on March 7.TradeTrust, which aims to leverage blockchain to streamline complex manual processes involved in international shipping, will first focus

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Indian E-Commerce Giant Partners With Blockchain Logistics and Shipping Platform

India’s largest e-commerce firm, mjunction services limited, has entered into a strategic partnership with blockchain shipping firm Shipnext, global maritime news agency Sea News reports Feb. 20.The new partnership intends to boost efficiency across mjunction’s supply chain, bringing value-added services to its clients, mjunction CEO Vinaya Varma said.Alexander Varvarenko, founder

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Cargo Shipping Firm to Use Blockchain in Port Logistics

Russian shipping logistics company Infotech Baltika will develop a blockchain-based system for the ports in which it operates, Russian maritime news outlet Morvesti reported on Feb. 11.To develop the blockchain-based solution, dubbed Edge.Port, the firm has partnered with Moscow-based blockchain startup Iconic.The network will reportedly allow participants in port activity

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