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Port Strategy | Collaboration for supply chain digitisation

TradeLens
TradeLens brings together data from the entire global supply chain ecosystem. Photo: TradeLens



A logistics company has completed the early stages of integration with a blockchain-based digital container logistics platform in a bid to help accelerate the digitisation of global supply chains.

The collaboration between DP World and the TradeLens platform, jointly developed by A.P. Moller – Maersk and IBM, is expected to help accelerate the digitisation of global supply chains. DP World aims to connect all its 82 marine and inland container terminals, as well as feeder companies and logistics divisions with TradeLens.

Sultan Ahmed Bin Sulayem, group chairman and CEO of DP World, said: “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.”

TradeLens brings together data from the entire global supply chain ecosystem including shippers, port operators and shipping lines. It also aims to modernise manual and paper-based documents, replacing them with blockchain enabled digital solutions.

For DP World the data from its integration with TradeLens will improve operational efficiency with earlier visibility of container flows across multiple carriers. Such visibility includes confirmation of the transport modality that follows the port stay for each container, which in heavy transhipment or rail ports enable better yard planning. It will also expand the capabilities of DP World’s digital platforms created to move the management of logistics online. The DF Alliance, SeaRates, LandRates and AirRates enable shippers to move cargo to and from anywhere digitally, across DP World’s network and beyond.

DP World has already connected India’s Cochin Port with the TradeLens platform via API technology. Plans to collaborate with other DP World business units, including the feeder line Unifeeder, have also been initiated.

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