Blockchain consortium out to tackle misdeclared cargo

At last, what looks like a good way of tackling the burgeoning crisis of misdeclared cargo causing catastrophic containership fires. Splash247 reports that Maritime Blockchain Labs, formed by Lloyd’s Register and group of blockchain exports, has created a consortium to explore using the distributed ledger technology to counter the misdeclared cargo threat. And it’s a decent list of industry participants, including forwarders such as Agility, Flexport and DSV, as well as X-Press Feeders.