Terminal 4, Container Port Road South, Kwai Chung, Hong Kong
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CargoSmart Limited, a leading logistics technology solutions provider, today announced that nine industry-leading ocean carriers and terminal operators, namely CMA CGM, COSCO SHIPPING LINES, COSCO SHIPPING Ports, Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International, and Shanghai International Port Group (SIPG), have signed a shareholders’ agreement indicating their intention to become shareholders of the proposed Global Shipping Business Network (GSBN).
CargoSmart, a leading shipment management technology solution provider, today announced the successful completion of a proof-of-concept with eTradeConnect, a multi-bank blockchain consortium in Hong Kong facilitated by the Hong Kong Monetary Authority (HKMA). The engagement explored ways to improve global trade through enhanced collaboration among shippers, banks, terminal operators, and ocean carriers, with applications to be further developed once the Global Shipping Business Network (GSBN) is formed.
At the 2019 Asian Freight, Logistics and Supply Chain (AFLAS) Awards presented in Hong Kong, Hutchison Ports was named Best Global Container Terminal Operator while Hutchison Ports Yantian was honoured Best Green Container Terminal.