Maersk and IBM are reportedly struggling with their blockchain platform, TradeLens, as besides them, only one other carrier has joined in, Pacific International Lines (PIL).
Five of the world's largest ocean carriers intend to create an association to pave the way for "digitalization, standardization and interoperability" in the container shipping industry.
The US Coast Guard published a Final Rule in the Federal Register, allowing tankers with automatic pilot systems that meet certain international standards to operate using those systems in shipping
I will admit to being a little bit puzzled and more than intrigued upon hearing the news over the summer that Diamond Offshore Drilling had launched its Blockchain Drilling Service.
ABS introduced comprehensive guidance providing the marine and offshore industries a goal-based framework to enable data-driven decision making based on smart technology.
Global agribusiness leaders ADM Company , Bunge Limited, Cargill, and LDC are investigating ways to standardize and digitize global agricultural shipping transactions for the benefit.