'Tariff madness' will prompt renegotiation of ocean shipping contracts
Today’s “absolutely nuts” container shipping market will spur contract renegotiations, as rates and minimum quantity ...
© Yiu Tung Lee
MSC and CMA CGM are set to join Maersk Line in the TradeLens blockchain project it is developing with computer giant IBM.
The move will see both companies take a seat on the TradeLens advisory board and each operate a blockchain node.
It marks a new chapter of collaboration between container shipping carriers, said André Simha, chief digital & information officer at MSC.
“Digital collaboration is a key to the evolution of the container shipping industry. The TradeLens platform has enormous potential to spur ...
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