DP World completes initial integration with Maersk platform TradeLens
May, 31, 2020 Posted by datamarnewsWeek 202023
DP World has completed the initial stages of integration with TradeLens, the blockchain-based digital container logistics platform, jointly developed by AP Moller – Maersk and IBM.
DP World aims to connect all of its 82 ocean and river container terminals, as well as its logistics division using TradeLens. In 2019, DP World terminals handled 71.2 million TEUs, onboard around 70,000 vessels. The platform aims to accelerate the digitalization of global trade, modernizing logistics processes.
TradeLens gathers data from the entire global supply chain ecosystem, including shippers, port operators, and shipping lines. It also replaces manual and paper-based documents with blockchain-enabled digital solutions. For DP World, integration with the TradeLens platform will improve the company’s operational efficiency as it will bring early visibility on the flow of containers from various carriers and the time that each container will remain in the yard, allowing for better planning of each terminal.
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