Blockchain operating system

Cargo Release offers a paperless and transparent solution connecting shipping lines, consignees, their agents and terminals. This latest release follows successful deployments in China and across Southeast Asia last year which have served more than 10,000 customers to date.

“The rollout of Cargo Release in Europe is a significant milestone for GSBN and a testament to the growing pace of digital transformation in the shipping industry,” commented Bertrand Chen, chief executive at GSBN. “The resilience and efficiency of supply chains has never been of greater importance and the digital leap of the industry is key to achieving this.”

Involved in the pilot in Rotterdam are container terminal operator Hutchison Ports ECT Rotterdam, COSCO SHIPPING Lines, freight forwarder OOCL Logistics and global trade merchant, SUMEC.

“Rotterdam is one of Europe’s busiest and most strategic ports, and ECT is always embracing initiatives to further innovate to improve the service and performance for our customers,” said Mr. Kees Notenboom, general manager sales at Hutchison Ports ECT Rotterdam.

“GSBN provides the opportunity to connect global trading partners in the container supply chain, using blockchain technology which can further enhance security and traceability.”