Colombo capacity crunch adding to container line woes
Container lines are facing severe capacity problems at Sri Lanka’s Colombo port, as they reshuffle ...
In the 10 months since Maersk put its blockchain platform, TradeLens, into a joint-venture with IBM, the company has attracted just one additional carrier to the platform. This, says Coin Desk, is indicative of the issues facing the technology: getting rivals to cooperate with one another, which blockchain essentially seeks to achieve. The report notes that for Maersk the issue is even more problematic, as it owns TradeLens. In a bid to appear more neutral, TradeLens has sought to reclassify itself as a joint collaboration. But even this has failed to address the concerns of other carriers.
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